Jumia to shut down Jumia Food by December 2023; To focus on ecommerce business

Jumia has unveiled plans to shutter its food delivery arm, Jumia Food. The company will maintain its core physical goods business and JumiaPay operations across all its operational countries. After conducting a strategic review of Jumia Food, the company concluded that the food delivery business is not well-suited to the current operating environment and macroeconomic … Continue reading Jumia to shut down Jumia Food by December 2023; To focus on ecommerce business