Jumia taps Axian Telecoms Board Chairman for key board role
Jumia appoints Hassanein Hiridjee to its supervisory board to fill a vacancy. The appointment is effective immediately for the 2025 financial year.
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.
Jumia partners with Diar Dzair to launch buy now pay later in Algeria
Jumia launched its Buy Now, Pay Later service in Algeria, partnering with local fintech Diar Dzair. The BNPL service allows Algerian consumers to split payments into interest-free installments at checkout.
Jumia stock rallies 20% on future profit hopes
Jumia's shares increased by 20% in early trading, climbing to $2.82. The company reported a wider operating loss of $18.7 million in Q1 2024, nearly doubling from $8.3 million in the previous year.
BREAKING: Jumia narrows losses to $16.5 million in Q1 ’25 as currency problems pressure revenues
Jumia reported a pre-tax loss of $16.5 million for Q1 2025. Revenue contracted to $36.3 million, a 26% year-over-year decline.
