Jumia Stock Price, News & Analysis

Jumia (NYSE: JMIA), Africa's leading e-commerce platform, has announced the expansion of its Jumia Delivery service to Nigeria, following successful operations in Côte d'Ivoire. The logistics service aims to provide fast, secure, and cost-effective parcel delivery across Nigeria, leveraging Jumia's extensive distribution network spanning hundreds of cities. CEO Francis Dufay emphasized the move's significance in addressing logistics challenges amid Africa's growing digital economy.

The company plans to further expand Jumia Delivery to other key markets including Kenya, Ghana, and Senegal. The service will utilize Jumia's existing logistics infrastructure and partnerships with third-party providers to enhance shipping convenience for both individuals and businesses.

Jumia Technologies (NYSE: JMIA) reported mixed Q1 2025 results with declining revenue but improving operational metrics. Revenue fell 26% YoY to $36.3M, while GMV decreased 11% to $161.7M. However, orders grew 21% YoY, marking the highest growth rate in two years. The company's operating loss widened to $18.7M from $8.3M in Q1 2024, though Loss before Income tax improved 58% to $16.5M. Nigeria showed strong performance with Orders up 22% and GMV up 20% YoY. The company raised its FY2025 guidance, now expecting Loss before income tax of $50-55M, and projects reaching breakeven in Q4 2026. Jumia's liquidity position stood at $110.7M as of March 31, 2025. The company is focusing on profitable growth through improved efficiency and reduced cash burn, targeting full-year profitability in 2027.

Jumia Technologies AG (NYSE:JMIA) has scheduled its first quarter 2025 earnings release for Thursday, May 8, 2025, before U.S. market opening. The company will host a conference call to discuss Q1 2025 results at 8:30am ET on the same day.

Investors can join via multiple dial-in options: US Toll Free (888-506-0062), International (973-528-0011), and UK (44 20 3355 4169) using Entry Code 476363. A live webcast will be available on Jumia's Investor Relations website. The conference call replay will be accessible until May 22, 2025, using toll-free (877-481-4010) or international (919-882-2331) numbers with passcode 52347.

Jumia Technologies AG (NYSE:JMIA), the leading pan-African e-commerce platform, has announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission (SEC).

The company operates across 9 African countries through its marketplace platform, which connects over 70,000 sellers with customers. Jumia's ecosystem includes a comprehensive logistics network for package delivery and JumiaPay, a proprietary payment service available in select markets.

Investors and stakeholders can access the Annual Report PDF version through Jumia's Investor Relations website, with hard copies of audited consolidated financial statements available upon request via email.

Jumia Technologies (NYSE:JMIA) reported Q4 2024 results with mixed performance. Revenue declined 23% year-over-year to $45.7 million, while GMV fell 12% to $206.1 million. Operating loss widened to $17.3 million compared to $4.5 million in Q4 2023.

Key operational highlights include an 18% year-over-year increase in Physical goods Orders (excluding South Africa and Tunisia), strong Black Friday performance, and expanded international seller contribution reaching 31% of items sold. The company's liquidity position stood at $133.9 million.

For full-year 2024, revenue was $167.5 million (down 10% YoY), with operating loss improving to $66.0 million from $73.3 million in 2023. The company provided 2025 guidance projecting 15-20% growth in physical goods orders and GMV between $795-830 million, with expected Loss before Income Tax ranging from $65-70 million.

Jumia Technologies AG (NYSE:JMIA) has scheduled its Fourth Quarter and Full Year 2024 earnings release for February 20, 2025, before the U.S. market opens. The company will host a conference call at 8:30am ET on the same day to discuss the results.

Investors can join the call using various dial-in options: US Toll Free (888-506-0062), International (973-528-0011), or UK (44 20 3355 4169) with Entry Code 434300. A live webcast will be available on Jumia's Investor Relations website. A replay of the call will be accessible until March 6, 2025, using the replay passcode 51933.

Jumia Technologies (NYSE:JMIA) reported preliminary KPIs for October-November 2024, highlighting strong performance during its Black Friday event. Total orders reached 4.3 million, up 18% year-over-year, with 62% occurring during Black Friday. Physical goods orders grew 17% to 3.9 million, while customer base increased 9%. GMV showed 33% growth on constant currency basis, though only 2% in reported currency due to devaluations in Nigeria and Egypt.

The company saw robust performance in priority categories like Phones, Fashion, and Home & Living. Jumia Logistics handled 5.6 million packages, up from 4.5 million year-over-year. Notable growth occurred in upcountry Nigeria, with physical goods orders outside main urban centers rising 44% year-over-year.

Jumia Technologies AG (NYSE:JMIA) has announced a strategic partnership with Premium Card in Egypt to enhance e-commerce adoption through expanded payment solutions. The collaboration offers Premium Card holders exclusive discounts and flexible installment plans with low interest rates across all product categories on Jumia's platform. Through JumiaPay, customers will have access to diverse payment options and special deals in partnership with major local and international brands.

Jumia Technologies AG (NYSE:JMIA) has announced its participation in the 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference in New York. CEO Francis Dufay will engage in a fireside chat, and alongside EVP of Finance and Operations Antoine Malliet-Mezeray, will conduct one-on-one meetings during the event. The fireside chat is scheduled for November 20, 2024, at 11:20am ET. A webcast will be available on Jumia's Investor Relations website, and interested parties can arrange one-on-one meetings through their RBC representatives.