Jumia sees order growth in Nigeria and Ghana, slashes losses by 71% in first quarter of 2024

Jumia, the online retail platform, disclosed a revenue surge to $48.9 million and a gross profit of $31.2 million for the first quarter of 2024. These figures represent a notable increase from the $41.3 million in revenue and $24.9 million in gross profit reported in the same period of 2023. Notably, Jumia’s operating loss saw … Continue reading Jumia sees order growth in Nigeria and Ghana, slashes losses by 71% in first quarter of 2024