Tuesday, November 12, 2019

Pan-African e-tailer Jumia grows 3Q revenue, e-payments and losses – TechCrunch

Pan-African e-commerce startup Jumia released its third-quarter financial results today. The numbers and presentation reflected some of the same past trends, with a dash of new, and nary a mention of a declining share price. The results Jumia — with online goods and service verticals in 14 countries — posted third-quarter revenue growth of 19% (€40 million) and increased its active customer base

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