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JMIA / African online retailer Jumia's Q4 losses narrow on cost savings

African online retailer Jumia's Q4 losses narrow on cost savings
African e-commerce firm Jumia Technologies said on Thursday that cost savings had helped it reduce fourth quarter losses by 30% from a year earlier, with a further sharp drop expected this year. Read More
Posted: Feb 16 2023, 09:16
Author Name: Reuters
Views: 092024

JMIA News  

Jumia: Cutting Costs Won't Be Enough

By Seeking Alpha
August 29, 2023

Jumia: Cutting Costs Won't Be Enough

Jumia faces challenges due to high inflation and a restricted supply of goods, impacting consumer spending on its platform. Jumia is also pulling away more_horizontal

Why Jumia Technologies Stock Tumbled by 17% Today

By The Motley Fool
August 15, 2023

Why Jumia Technologies Stock Tumbled by 17% Today

"The Amazon of Africa" reported its second-quarter results. These showed double-digit falls in key fundamentals. more_horizontal

Jumia revenue slumped in Q2 amid a currency crisis in Africa

By Invezz
August 15, 2023

Jumia revenue slumped in Q2 amid a currency crisis in Africa

Jumia (NASDAQ: JMIA) the biggest e-commerce company in Africa, published mixed results even as the company's headwinds continued. The company's quarte more_horizontal

Jumia to Announce Second Quarter 2023 Results on August 15, 2023

By Accesswire
August 4, 2023

Jumia to Announce Second Quarter 2023 Results on August 15, 2023

LAGOS, NIGERIA / ACCESSWIRE / August 4, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the more_horizontal

Is Jumia Technologies (JMIA) Outperforming Other Retail-Wholesale Stocks This Year?

By Zacks Investment Research
June 8, 2023

Is Jumia Technologies (JMIA) Outperforming Other Retail-Wholesale Stocks This Year?

Here is how Jumia Technologies (JMIA) and MercadoLibre (MELI) have performed compared to their sector so far this year. more_horizontal

CEO Francis Dufay Pivoting Jumia Amidst Challenging Macroeconomic Conditions

By Seeking Alpha
June 3, 2023

CEO Francis Dufay Pivoting Jumia Amidst Challenging Macroeconomic Conditions

Jumia Technologies is focusing on long-term growth strategies, including expanding into secondary cities in Africa and addressing pent-up demand for e more_horizontal

7 Top Growth Stocks to Buy for the Next Decade

By InvestorPlace
April 18, 2023

7 Top Growth Stocks to Buy for the Next Decade

A the market returns it's time to look for the best growth stocks to buy.  successful investing strategy partially requires an ability to predict the more_horizontal

Jumia Expands to West Africa With Retailer Leroy Merlin

By PYMNTS
March 22, 2023

Jumia Expands to West Africa With Retailer Leroy Merlin

Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin's products in West Africa. more_horizontal


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