Jumia is a Pan-African technology company that operates a marketplace, logistics service, and payment service. The marketplace is supported by third-party sellers.
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Jumia has focused on its core e-commerce and JumiaPay ecosystem after shutting down non-core food delivery markets. Flutterwave is preparing for a potential NASDAQ listing, having secured new licenses and expanded its remittance services.
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HP laptops are discounted by up to 70% during Black Friday sales. Jumia offers Ecoflow Solar Power Stations at half price along with free gifts on Redmi phones.
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M-Pesa has revolutionized mobile money in Africa. Jumia and Takealot are leading e-commerce platforms in the region.
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OmniRetail processed ₦1.3 trillion (approximately $810 million) in transactions in 2024. Moniepoint achieved unicorn status with a $1 billion valuation last year.
Jumia trims workforce to 2,000 as it accelerates AI-driven operations
Jumia's workforce decreased by 7% to 2,010 employees as of September 30, 2025, due to layoffs aimed at AI integration. The company reported a revenue increase from $36.4 million in Q3 2024 to $45.6 million in Q3 2025.
