African eCommerce giant, Jumia, posted a 22% gross profit in last quarter operations even though it still reported a loss of $49.8 million. This loss is a decrease by 41% year-over-year compared to last year operating loss figure of $84.7 million. The report shows a positive change in the fortunes of the company as it … Continue reading Jumia’s new CEO actions and 20% job cuts result in 22% Q4 gross profit increase