Jumia reports narrowing losses and adopts asset-light delivery model

Jumia’s CEO, Francis Dufay, is taking further steps to streamline operations, as revealed in the company’s recent earnings call. The e-commerce giant is transitioning to an asset-light model for its delivery services, with plans to set up new leased warehouses in Egypt and Ivory Coast, moving away from the model of owning such facilities. The … Continue reading Jumia reports narrowing losses and adopts asset-light delivery model