Tag: Jumia
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Jumia CEOs step down as firm suffers losses
The founders and co-Chief Executive Officers of Jumia Technologies, Sacha Poignonnec and Jeremy Hodara, have both stepped down from their position with immediate effect. This is as the Africa-focused e-commerce group is struggling with persistent losses and a slumping share price, Bloomberg reported. According to a statement on Monday, Francis Dufay, who has held various leadership…
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Amazon to Open in Nigeria April 2023
Amazon, a global e-commerce technology company, plans to expand to African countries such as South Africa and Nigeria in 2023, according to Business Insider report. According to leaked documents, Belgium, Chile, and Colombia are among the five markets that the major e-commerce corporation plans to enter next year. EarthNewsNG gathered that a specific timeframe for…