Jumia Technologies AG
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Francis Dufay
- Full Time Employees
- 2,163
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Skalitzer Strasse 104 Berlin BE Germany 10997
- IPO Date
- Apr 12, 2019
- CIK
- 0001756708
- Website
- group.jumia.com
- Similar Companies
- Business
- Jumia Technologies AG operates a leading pan-African e-commerce platform that offers a broad range of products and services across multiple African countries. The company operates marketplace platforms connecting sellers with customers, logistics services enabling warehousing, shipment, and last-mile delivery, and digital payment solutions through its JumiaPay service. Its product categories span electronics including phones and laptops, fashion and beauty items, home and living products, fast-moving consumer goods, groceries, and health products. In addition to traditional e-commerce offerings, Jumia provides digital lifestyle services such as utility bill payments, airtime recharges, and insurance products. Founded in 2012 and headquartered in Berlin, Germany, Jumia serves markets in nine African countries including Nigeria, with expanded operations focused on West, East, North, and South Africa. In recent years, Jumia has refocused its strategic efforts to optimize and concentrate on key markets and core business segments. Starting in late 2022, the company underwent significant leadership changes to improve cost management and operational efficiency. In 2023, it discontinued food delivery services in seven markets and exited non-strategic countries such as South Africa and Tunisia in 2024 to strengthen resources in more profitable regions like Nigeria. Jumia has intensified its product expansion, notably increasing the share of supply sourced from international sellers, particularly in electronics and mobile phones. The company successfully executed large marketing campaigns in 2024, including a cross-country Black Friday campaign with partners such as L'Oreal and Xiaomi. Financial performance in 2025 shows revenue growth driven by increased customer demand, higher order volumes for physical goods, and rising engagement in secondary cities, alongside ongoing initiatives to enhance marketing efficiency and operational costs. Jumia remains active in broadline retail e-commerce combined with fintech and logistics services focused on the African continent, leveraging partnerships to improve product offerings and customer experience. Its platform supports retail, distribution, and corporate buyers through proprietary technology infrastructure that includes websites and mobile applications. The company operates under the ticker JMIA on the NYSE and maintains a market capitalization of approximately $1.2 billion as of late 2025. These strategic market consolidations and product innovations position Jumia as a leading digital commerce ecosystem in Africa with a targeted approach toward sustainable growth and profitability enhancement.
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