Welcome to our dedicated page for Jumia news (Ticker: JMIA), a resource for investors and traders seeking the latest updates and insights on Jumia stock.
Jumia Technologies AG (NYSE: JMIA) is a pan-African e-commerce platform that regularly publishes detailed updates on its operational and financial performance. The JMIA news feed features company-issued press releases and related disclosures that explain how its marketplace, logistics network, and JumiaPay payment service are evolving across its African markets.
Investors and observers can use this page to follow Jumia’s reported trends in revenue, Gross Merchandise Volume (GMV), Orders, and Quarterly Active Customers for physical goods. The company’s news highlights usage growth, category performance, and geographic momentum in markets such as Nigeria, Ghana, Ivory Coast, Egypt, Algeria, Uganda, Kenya, Senegal, and Morocco, as well as the impact of events like Black Friday campaigns on orders and GMV.
Jumia’s announcements also cover earnings releases, guidance updates, and commentary from management on its path toward profitability, cost structure, and liquidity. The company provides narrative context around changes in marketplace revenue, first-party sales, fulfillment expense, sales and advertising expense, technology and content expense, and general and administrative expense, along with explanations of working capital and cash burn.
Beyond financial results, the JMIA news stream includes strategic initiatives and partnerships, such as the launch of electric bike deliveries in Uganda with Spiro, the introduction of Buy Now, Pay Later services in Algeria with Diar Dzair, the opening of new warehouses in Egypt and Ivory Coast, and the replatforming of its retail media program to Mirakl Ads. These updates illustrate how Jumia is expanding infrastructure, enhancing advertising capabilities, and integrating sustainability and digital financial services into its business.
By reviewing the JMIA news page, readers can track Jumia’s reported progress on marketplace growth, logistics efficiency, payment innovation, and corporate events such as Investor Days and earnings conference calls, all based on the company’s own disclosures.
Jumia (NYSE:JMIA), Africa's leading e-commerce platform, has inaugurated its largest integrated warehouse in Egypt, a 27,000 square meter facility located on the Suez Road in Cairo. The facility's opening was attended by key Egyptian government officials, including the Prime Minister and Minister of Communications.
The new logistics center aims to enhance storage and distribution efficiency, particularly in underserved regions like Upper Egypt. The facility is projected to generate thousands of job opportunities through Jumia's ecosystem. This expansion follows Jumia's recent warehouse launch in Ivory Coast and reinforces Egypt's position as one of Jumia's major tech hubs.
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 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.