About Jumia Technologies
Jumia (NYSE: JMIA) is an e-commerce store that offers a selection of products including men & women's fashion, mobile phones, computers, electronics, home appliances and more. Its platform consists of the marketplace, which connects sellers with consumers, our logistics service, which enables the shipment and delivery of packages from sellers to consumers, and its payment service, which facilitates transactions among participants active on the platform in selected markets.
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Expert Collections containing Jumia Technologies
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Jumia Technologies is included in 3 Expert Collections, including E-Commerce.
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Excludes US-based companies
Latest Jumia Technologies News
Nov 26, 2022
The Motley Fool By Will Ebiefung Jumia Technologies(JMIA -1.68%) hasn't escapedthe 2022 bear market -- it's down 65% year to date, and it isn't hard to see why. Despite enjoying a first-mover advantage in Africa's e-commerce market, the Nigerian company has failed thus far to achieve profitability or rapid revenue growth. But what might the future hold for this embattled enterprise? The self-styled 'Amazon of Africa' is primarily a third-party online marketplace designed to connect buyers and sellers in key economies such as Nigeria, Egypt, and South Africa. As one of the first publicly traded companies to tackle this opportunity in Africa, Jumia should be benefiting from both brand recognition and a first-mover advantage. But so far, its growth story isn't playing out as well as investors might have hoped. AD Image source: Getty Images Jumia's third-quarter earnings, for example, were uninspiring. Revenue grew 18.4% year over year to $50.5 million amid a spike in commissions, advertising, and value-added services such as logistics. But while Jumia seems to be using price hikes to squeeze more money out of its existing users and merchants, the platform's organic growth was weak.
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Jumia Technologies Frequently Asked Questions (FAQ)
When was Jumia Technologies founded?
Jumia Technologies was founded in 2012.
Where is Jumia Technologies's headquarters?
Jumia Technologies's headquarters is located at 109 Adeniyi Jones, Lagos.
What is Jumia Technologies's latest funding round?
Jumia Technologies's latest funding round is IPO.
How much did Jumia Technologies raise?
Jumia Technologies raised a total of $760.72M.
Who are the investors of Jumia Technologies?
Investors of Jumia Technologies include Pernod Ricard, British International Investment, Orange, Rocket Internet, AXA and 7 more.
Who are Jumia Technologies's competitors?
Competitors of Jumia Technologies include HoBeei and 4 more.
Compare Jumia Technologies to Competitors
Mall for Africa offers a desktop and mobile app designed for users in Africa to gain access to over 200+ premium US and UK websites and allow them to access the products of these foreign merchants and get delivery directly to their Africa address.
Konga.com is a Nigeria-based online general merchandise store. The company offers a catalog of products that span categories such as phones, computers, clothing, shoes, home appliances, books, baby products and much more.
Nomanini's mobile wallet enables merchants to offer products and services from a range of distributors using a single device. The company's system turns any mobile device into a retail point-of-sale solution for informal merchants that is connected to an interoperable merchant wallet. The wallet allows merchants to offer a broad range of digital banking (including cash-in/cash-out), mobile, utility and entertainment services to their customers.
Sureswipe provides mobile credit card payment, credit card machine and mobile card readers.
Yoco is an African Fintech company building a financial platform for South African small businesses. Yoco offers small businesses the tools to accept digital payments in a unified way - both and the point of sale and online - run their business better through intelligent software and grow through cash advances.
Ogaranya completes offline commerce transactions via text (SMS, Twitter, Telegram, Facebook, WeChat, Slack, Skype and Web) using four to five steps in markets with low internet penetration rate and a high basic mobile phone adoption rate.
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