| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
2,000 |
| Revenues (TTM) (Millions $) |
189 |
| Net Income (TTM) (Millions $) |
-62 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Jumia Technologies AG is a leading e-commerce platform in Africa. It was founded in 2012 by Sacha Poignonnec and Jeremy Hodara and is headquartered in Berlin, Germany. It operates in 11 African countries including Egypt, Morocco, Ghana, Tanzania, Kenya, Uganda, Ivory Coast, Cameroon, and Nigeria. Jumia has more than 6,000 employees and is listed on the New York Stock Exchange (NYSE: JMIA).
Jumia's platform enables sellers to reach a large customer base and buyers to access a wide range of products at competitive prices. Its product categories include electronics, fashion, health and beauty, home and living, groceries, and more. The company provides its customers with convenient payment options such as cash on delivery, mobile money, and credit/debit cards.
Jumia has expanded its services beyond e-commerce and now includes JumiaPay, a payments and financial services platform, Jumia Logistics, its own logistics and delivery service, and Jumia Travel, an online travel platform. This diversification strategy has helped the company provide a more comprehensive and convenient service to its customers.
Since its inception, Jumia has grown rapidly and has become one of the largest e-commerce platforms in Africa. It has generated revenue of $721 million in 2020, a 10% increase compared to the previous year. This growth can be attributed to the increasing popularity of online shopping in Africa and Jumia's ability to adapt to local needs and challenges.
In summary, Jumia Technologies AG is a fast-growing e-commerce platform that operates in Africa. It has expanded its services beyond e-commerce to include JumiaPay, Jumia Logistics, and Jumia Travel. Its success can be attributed to its ability to adapt to local needs and challenges, while providing convenient payment options and a wide range of products to its customers.
Company Address: Skalitzer Strasse 104 Berlin 10997
Company Phone Number: 398 20 34 54 Stock Exchange / Ticker: NYSE JMIA
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57.18 %