The app offers:
- International known brands and product assortment
- Fast and intuitive navigation
- Simple, flexible and secure online payment
- Push notifications for exclusive updates on new arrivals and special sales.
According to statistics gathered by the Nigerian Communication Commission, there are 120,362,218 mobile subscribers (78% of population) and 48,165,033 smart phone users in Nigeria (based on active internet subscriptions in June 2013). Similar mobile subscription numbers can be found in in Kenya (29.8 Mio mobile subscribers, 69% of population), Ivory Coast (18 Mio, 75% of population) and Morocco (38.3 Mio mobile subscribers, 120% – more subscribers than people living in the country).
Jeremy Hodara, co-CEO Africa Internet Holding: For JUMIA its immensely important to also offer a mobile solution to our customers. M-commerce is not just an additional channel, but might be the entry point to gaining many more customers in a market where landlines are not always 100% stable. The smartphone penetration rate in sub Saharan Africa has increased immensely over the last years and will continue do so. JUMIA seizes this enormous opportunity with the best m-commerce solution on the market.
In addition to the growing market penetration of smartphones in Africa, Nigeria is said to be among the ten fastest growing economies worldwide, according to The Economist. The World Bank predicts that Sub-Saharan marketplaces will expand by 5.1% in 2014 and by 5.2% in 2015.