Jumia is a Pan-African technology company that operates a marketplace, logistics service, and payment service. The marketplace is supported by third-party sellers.
How can AI and 5G Shape the Future of Africa’s Mobile-First Startup Ecosystem
M-Pesa has revolutionized mobile money in Africa. Jumia and Takealot are leading e-commerce platforms in the region.
Condia Insider: Why B2B keeps winning in Africa
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.
Jumia CEO sees ‘Inflection Point’ as Q3 revenue climbs 25% to $45.6 million
Jumia's revenue for Q3 2025 reached $45.6 million, a 25% increase year-over-year. Operational losses decreased to $17.4 million, down 13% from the previous year.
Guide to Market Penetration for African Startups
African startups can grow by increasing their share within existing markets without launching new products. Understanding local needs and leveraging mobile technology are crucial for market penetration.
