Nachrichten und Videos - JUMIA TECHNOLOGIES AG ADS

Expansion to Drive Faster Delivery, Broader Product Selection, and E-commerce Growth in Ghana New Warehouse Aligns with Jumia's Strategic Focus on the Optimization and Efficiency of its Operations ACCRA, GHANA / ACCESSWIRE / November 11, 2024 / Jumia Technologies AG (NYSE:JMIA), a leading e-commerce platform in Africa, today announced the launch of a new integrated warehouse and logistics network facility in Tema, Ghana. The facility marks a significant investment in Ghana's e-commerce ecosystem...

Continued Execution on Fundamentals, Resilient Top-Line Growth in Challenging Macro Conditions and Significantly Improved Liquidity Position LAGOS, NIGERIA / ACCESSWIRE / November 7, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the third quarter ended September 30, 2024. Results highlights for the third quarter 2024 Revenue of $36.4 million, down 13% year-over-year, or up 9% in constant currency. GMV of $162.9 million, down 1%...

Partnership with Leading Turkish E-commerce Technology Platform to Expand Product Access for North African Consumers CAIRO, EGYPT / ACCESSWIRE / October 30, 2024 / Jumia (NYSE:JMIA) and D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS), today announced that the companies have entered into a commercial partnership whereby Hepsiburada will list its private label products and a portion of its retail assortment, together with a selection of other curated Turkish brands, on...

LAGOS, NIGERIA / ACCESSWIRE / October 24, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the third quarter of 2024 before the U.S. market opens on Thursday, November 7, 2024. Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. Interested parties may access the call using the following dial-in details: US Dial-in (Toll Free): 888-506-0062 International Dial-in: 973-528-0011 United Kingdom...

Ceasing Operations in South Africa and Tunisia to Optimize Resources and Focus on Markets with Stronger Growth Potential LAGOS, NIGERIA / ACCESSWIRE / October 16, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or "the Company"), a leading e-commerce platform in Africa, today announced the planned closure of its operations in South Africa, operated under the brand name Zando, and Tunisia. The closure of these markets will allow Jumia to focus resources on its most promising markets that have a...

Strategy to Centralize and Integrate Warehouses Improves Jumia's Storage Capacity and Efficiency While Driving E-commerce Growth CAIRO, EGYPT and ABIDJAN, IVORY COAST / ACCESSWIRE / October 10, 2024 / Jumia Technologies AG, (NYSE:JMIA) ("Jumia" or "the Company") a leading e-commerce platform in Africa today announced the planned opening of new warehouses in Cairo, Egypt, and Abidjan, Ivory Coast. The new warehouses are strategically positioned to enable upcountry expansion and in turn drive...

Balance Sheet Strengthened with $99.6 Million in Gross Proceeds LAGOS, NIGERIA / ACCESSWIRE / August 16, 2024 / Jumia Technologies AG, (NYSE:JMIA) ("Jumia" or "the Company") a leading e-commerce platform in Africa, today announced that it has completed its previously announced "at-the-market" ("ATM") offering of 20,227,736 ADSs. The ATM generated aggregate gross proceeds before commissions and offering expenses of $99.6 million. Jumia intends to use the proceeds for general corporate purposes,...

Execution Against Strategic Priorities Drives Continued Acceleration in Usage Trends Cash Management Initiatives Deliver Further Improvements in Cash Utilization LAGOS, NIGERIA / ACCESSWIRE / August 6, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the second quarter ended June 30, 2024. Results highlights for the second quarter 2024 Revenue of $36.5 million, down 17% year-over-year, or up 15% in constant currency. GMV of $170.1...

LAGOS, NIGERIA / ACCESSWIRE / July 22, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the second quarter of 2024 before the U.S. market opens on Tuesday, August 6, 2024. Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day. Interested parties may access the call using the following dial-in details: US Dial-in (Toll Free): 888-506-0062 International Dial-in: 973-528-0011 United Kingdom Dial-in: 44...

LAGOS, NIGERIA / ACCESSWIRE / June 18, 2024 / Jumia Technologies, (NYSE:JMIA) ("Jumia"), a leading e-commerce platform in Africa, today announced that Francis Dufay, Chief Executive Officer, and Antoine Malliet-Mezeray, Executive Vice President of Finance and Operations, will participate in one-on-one meetings at the Northland Virtual Growth Conference on June 25, 2024. To schedule a one-on-one meeting with Mr. Dufay and Mr. Malliet-Mezeray, please reach out to your Northland representative....

New warehouses consolidate operations, expand storage capacity to enhance supply chain management and support e-commerce growth LAGOS, NIGERIA / ACCESSWIRE / June 10, 2024 / Jumia (NYSE:JMIA), a leading African e-commerce platform, today announced the opening of two new integrated warehouses - a 30,000 square meter facility in Isolo, Lagos and a 5,000 square meter facility in Bouskoura, near Casablanca, Morocco. These openings signify a major step forward in Jumia's commitment to enhancing its...

Partnerships expand Nigerian consumers' access to Jumia's e-commerce platform, while increasing buying power Nigerian Buy Now, Pay Later launch increases cashless payments options for Jumia customers LAGOS, NIGERIA / ACCESSWIRE / May 21, 2024 / Jumia, the leading e-commerce platform in Africa (NYSE:JMIA), today announced two new Buy Now, Pay Later (BNPL) partnerships in Nigeria with Newedge (Easybuy), an innovative finance company in Nigeria, and CredPal, a leading Nigerian fintech company....

Continued Execution Delivers Strong Year-over-Year Growth in GMV and Orders Disciplined Cost Management Drives Further Improvements in Cash Utilization LAGOS, NIGERIA / ACCESSWIRE / May 7, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the first quarter ended March 31, 2024. Results highlights for the first quarter 2024 Revenue of $49 million, up 19% year-over-year, and up 57% in constant currency. GMV of $181 million, up 5%...

LAGOS, NIGERIA / ACCESSWIRE / April 22, 2024 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release results for the first quarter of 2024 before the U.S. market opens on Tuesday, May 7, 2024. Management will host a conference call to discuss the quarter's results at 8:30 a.m. ET on the same day. Interested parties may access the call using the following dial-in details: US Dial-in (Toll Free): 888-506-0062 International Dial-in: 973-528-0011 United Kingdom Dial-in:...

BERLIN, GERMANY / ACCESSWIRE / March 28, 2024 / Jumia Technologies AG (NYSE:JMIA), the leading pan-African e-commerce platform, announced that it has filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "Annual Report") with the U.S. Securities and Exchange Commission (SEC). You can access a PDF version of the Annual Report at Jumia's Investor Relations website https://investor.jumia.com/financials-filings/default.aspx . A hard copy of the audited consolidated financial...

Improvement in growth trends and significant reduction in operating loss, validating strategic choices Forecasting to return to growth in 2024 and to further reduce cash utilization LAGOS, NIGERIA / ACCESSWIRE / February 15, 2024 /- Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the fourth quarter ended December 31, 2023. Results highlights for the fourth quarter 2023 Revenue of $59 million, down 2% year-over-year, and up 28% in constant...

LAGOS, NIGERIA / ACCESSWIRE / February 6, 2024 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the fourth quarter and full year 2023 before the U.S. market opens on Thursday, February 15, 2024. Management will host a conference call at 8:30 a.m. US Eastern Time on the same day. Details of the conference call are as follows: US Dial-in (Toll Free): 888-506-0062 International Dial-in: 973-528-0011 United Kingdom Dial-in: 44 20 3355 4169 Entry...

LAGOS, NIGERIA / ACCESSWIRE / December 13, 2023 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company"), the leading pan-African e-commerce platform, has announced plans to close its food delivery business, Jumia Food. Jumia will continue to operate its core physical goods business and its JumiaPay business in all of its countries of operation. Following a strategic review of Jumia Food, the Company determined that its food delivery business is not suitable to the current operating...

Meaningful progress in our strategy towards cash efficiency and profitable growth LAGOS, NIGERIA / ACCESSWIRE / November 15, 2023 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the third quarter ended September 30, 2023. Results highlights for the third quarter 2023 Revenue of $45 million, down 11% year-over-year, and up 19% in constant currency. GMV of $181 million, down 25% year-over-year, and down 3% in constant currency. GMV of...

LAGOS, NIGERIA / ACCESSWIRE / November 6, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended September 30, 2023 before the U.S. market opens on Wednesday, November 15, 2023. Management will host a conference call at 8:30 a.m. US Eastern Time on the same day. Details of the conference call are as follows: US Dial-in (Toll Free): 877-545-0523 International Dial-in: 973-528-0016 United Kingdom Toll Free: 0800 520 0845 Entry...