Authorization

Africa e-tailer Jumia reports first full-year results post-NYSE IPO

Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit versus fulfillment expenses, expanded financial services and still posted losses.
The online sales company, with an operations center in China, also anticipates some negative impact on 2020 growth from the coronavirus outbreak, CEO Sacha Poignonnec said.
These were highlights today for Jumias fourth-quarter and full-year results 10 months after the company became the first VC-backed startup in Africa to go public on a major exchange.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«     2020    »
 12345
6789101112
13141516171819
20212223242526
27282930