Jumia sees 28% record sales in orders and 45% GMV across Nigeria and Ghana during Black Friday
Jumia's Black Friday 2025 campaign resulted in 3.2 million orders placed during the event. Overall Gross Merchandise Value (GMV) rose 35%, and 41% when excluding corporate sales.
Jumia shares fall 3.9% despite strong quarterly gains and narrowing losses
Jumia's Q3 2025 revenue reached $45.6 million, a 25% increase from the previous year. Gross Merchandise Value (GMV) rose 21% year-over-year to $197.2 million.
Axian Telecom CEO joins Jumia’s Supervisory Board amid acquisition rumours
Hassanein Hiridjee joins Jumia's Supervisory Board as Angela Mwanza resigns. Axian Telecom acquired an 8% stake in Jumia in June 2025, increasing to 9.18% valued at $52.5 million.
Ahead of 2027 profitability target, Jumia’s revenue grows 25% in Q2 2025
Jumia reported a revenue of $45.6 million for Q2 2025, up 25% year-over-year. Operational losses declined to $16.5 million, down 18% from the previous year.
Temidayo Ojo replaces Sunil Natraj as Jumia Nigeria CEO
Temidayo Ojo has been appointed as the new CEO of Jumia Nigeria, effective immediately. Ojo succeeds Sunil Natraj, who served for 19 months and aimed to stabilize the Nigerian unit.
