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.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
The online children and maternity apparel market in MENA is projected to grow by USD 886.26 million from 2021 to 2026, with a CAGR of 5.55%. Key vendors include BABY SHOP LLC, Carters, and Mothercare. The market is driven by increased awareness and demand for eco-friendly products. The mass-category segment will see significant growth due to rising internet penetration and smartphone usage. However, challenges such as high overhead costs and logistical issues may hinder market expansion. Overall, the report highlights competitive dynamics and emerging trends within the online apparel sector.
Jumia Technologies AG (NYSE: JMIA) reported its Q4 and FY2022 earnings, highlighting a 22% increase in Gross Profit and a 41% decrease in Operating Loss year-over-year. Revenue rose to $66.5 million in Q4, up 7%, attributed to record Marketplace revenue of $41.2 million. The company anticipates a reduction in FY2023 Adjusted EBITDA loss by 50%.
Despite a 15% decline in Quarterly Active Consumers, Jumia's leadership is focused on enhancing cost efficiency and streamlining operations. Revisions to its service offerings indicate a strategic shift towards core profitable segments.
Jumia Technologies AG (NYSE:JMIA) will release its fourth quarter and full year 2022 results before the U.S. market opens on February 16, 2023. Management will hold a conference call at 8:30 a.m. US Eastern Time to discuss the results. Interested participants can join via a US toll-free number or internationally, with details provided in the press release. A live webcast of the earnings call will be available on the Jumia Investor Relations website. An archived version will be accessible post-call. Jumia is a leading e-commerce platform in Africa, connecting over 100,000 sellers with consumers across 11 countries.
Jumia Technologies reported its Q3 2022 results, highlighting a 29% increase in gross profit and a 33% reduction in operating loss year-over-year. Revenue rose to $50.5 million, an increase of 18.4% YoY. The company's financial metrics show a positive trend, with adjusted EBITDA losses decreasing by 13%. Jumia's operating loss hit its lowest level in six quarters. Leadership changes aim to enhance operational efficiency and profitability, focusing on core business growth and cost discipline.