Jumia: The losses pile up as Africa looks elsewhere for pride
By Bola Oduntan Jumia, the ecommerce company described in April 2020 as the ‘e-commerce startup that fell from grace’ by BBC, has fallen into the pit even much deeper. This…
FG’s policies, providence helped start-up Unicorns emerge in Nigeria – Osinbajo
Nov. 21, 2021 The recently approved 2021 – 2025 National Development Plan will usher a new season of accelerate growth in Nigeria because of its focus on value addition as…
Konga best structured to win e-commerce race in Africa
November 3, 2021 I have read and digested the very comprehensive independent submission made by e-Live consultant, Kelvin Mulungwe on the e-commerce race in Africa between Jumia and Konga. The…
KONGA BEATS OTHERS, NAMED MOST INNOVATIVE E-COMMERCE COMPANY
July 26, 2021 Konga, Nigeria’s leading composite e-Commerce giant, has been named the most innovative company of the year. The award was presented to the management of Konga at the…
Konga: The making of a true African e-Commerce unicorn
The global e-Commerce wave has birthed an aggressive rise of super-structures, led by the likes of renowned international players such as Amazon and Alibaba. With much of the narrative in…
VP Doutte dumps Jumia; investors, staff fret over their future
Barely one year after it suffered class litigations in the United States for alleged false information at its listing on the New York Stock Exchange, NYSE, Jumia is facing another…
Jumia may break even by 2026 as Covid-19, litigation take toll
Jumia, the Germany-registered e-commerce company trading in Nigeria and other African countries, is still far from the woods as latest projections show the company may take longer to break even….
Jumia: The e-commerce start-up that shamed Africa
A year after its much heralded debut on the New York Stock Exchange, e-commerce start-up Jumia has shut down in three African states, struggled to turn a profit and got…
COVID-19: E-commerce suffers; lockdown frustrates deliveries nationwide
At a time when global players in the e-commerce sector have seen the peculiarities of their operations come to the fore in helping governments and people in other climes observe…
News Analysis: Is Jumia sinking as founders quit?
By Henry Cranfield On April 2, 2020, Rocket Internet announced that they have sold their holding in Jumia. Without stating their reasons for pulling out of Jumia, analysts and keen…