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 (JMIA) operates Africa's leading e-commerce ecosystem, connecting millions with sellers through its marketplace, logistics network, and JumiaPay. This page serves as the definitive resource for tracking corporate developments shaping Africa's digital commerce landscape.
Access timely updates including earnings reports, strategic partnerships, market expansion initiatives, and technology innovations. Investors gain insights into operational milestones while analysts monitor progress against regional e-commerce adoption trends.
Our curated news collection features official press releases alongside verified market analysis. Stay informed about logistics network enhancements, payment system upgrades, and consumer growth metrics without speculative commentary.
Bookmark this page for streamlined tracking of JMIA's evolving role in African tech and retail. Check regularly for updates on cross-border trade developments, seller ecosystem expansions, and financial performance indicators essential for market evaluation.
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 An archived version will be accessible post-call.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.
Jumia Technologies AG (NYSE:JMIA) announced significant leadership changes, appointing Francis Dufay as Acting CEO and Antoine Maillet-Mezeray as Executive VP, Finance & Operations. This shift comes as previous Co-CEOs Jeremy Hodara and Sacha Poignonnec step down. The new leadership aims to enhance e-commerce operations in Africa, focusing on profitability and reducing operating losses. A comprehensive plan is underway to streamline operations and align with consumer needs, while a search for a permanent CEO is ongoing.
Jumia Technologies AG (NYSE: JMIA) will announce its third-quarter 2022 results on November 17, 2022, before the U.S. market opens. A conference call will follow at 8:30 a.m. EST. Investors can join via U.S. toll-free number 877 545 0523 or international dial-in 973 528 0016. The call will be webcast live on Jumia's Investor Relations site, with an archived version available later. Jumia continues to enhance e-commerce in Africa, connecting over 100,000 sellers with consumers across 11 countries.
Jumia Technologies AG (NYSE:JMIA) will announce its results for Q2 2022 on August 10, 2022, before the U.S. market opens. A conference call will follow at 8:30 a.m. ET the same day.
Investors can join the call using toll-free numbers: 888-506-0062 (US) and 0800 520 0845 (UK), with entry code 203823. The call will also be available via a live webcast on Jumia’s Investor Relations website.
Jumia Technologies AG (NYSE:JMIA) reported strong financial results for Q1 2022, highlighting a 44% increase in revenue year-over-year, totaling $47.6 million. Orders surged by 40%, with Gross Merchandise Value (GMV) rising 27% to $252.7 million. JumiaPay also saw a 37% increase in Total Payment Value (TPV). Despite these growth figures, the company reported an operating loss of $66.4 million, exacerbated by increased marketing and operational expenses. Looking ahead, Jumia anticipates continued GMV growth and plans increased spending on advertising.
Jumia Technologies AG (NYSE:JMIA) has filed its Annual Report on Form 20-F for the year ended December 31, 2021, with the U.S. Securities and Exchange Commission. The report can be accessed via Jumia's Investor Relations website. A physical copy of the audited financial statements is available upon request. Jumia aims to enhance consumer access to goods and services in Africa through its e-commerce platform, supported by Jumia Logistics and JumiaPay, enabling efficient delivery and digital payment solutions.
Jumia Technologies AG (NYSE:JMIA) announced it will report its first-quarter results for the period ending March 31, 2022, on May 17, 2022, before U.S. market opening. A conference call will be held on the same day at 8:30 a.m. Eastern Time, with dial-in options for U.S. and international participants.
The call will also be available via a live webcast on the Jumia Investor Relations website. Jumia operates as a leading e-commerce platform in Africa, connecting over 100,000 sellers to consumers across 11 countries.
Jumia (NYSE:JMIA) has announced a strategic partnership with UPS to expand its logistics services across Africa. This collaboration will leverage Jumia's existing last mile logistics infrastructure, allowing UPS to enhance its delivery solutions for businesses and consumers. The initial implementation will target Kenya, Morocco, and Nigeria, with plans to extend services to Ghana and Ivory Coast. This partnership aims to support small and medium-sized businesses, potentially boosting their revenue growth through improved access to a global customer base.
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