Jumia, a leading African e-commerce firm, managed to curtail its operating losses to $4.5 million by Q4 in 2023, owing to several significant strategic adjustments. Despite these changes, the company’s profitability is still under scrutiny. Amid these adjustments, Jumia took the challenging decision to discontinue Jumia Food due to the severe macroeconomic conditions impacting the … Continue reading Jumia managed to cut its operational losses in Q4 achieving profitability still remains a challenge