Jumia Announces New Integrated Warehouses in Egypt and Ivory Coast
Jumia Technologies AG (NYSE:JMIA), a leading African e-commerce platform, has announced plans to open new integrated warehouses in Cairo, Egypt, and Abidjan, Ivory Coast. This expansion is part of Jumia's strategy to optimize operations and enhance efficiency across its pan-African network. The new facilities are designed to:
- Enable upcountry expansion
- Drive e-commerce growth
- Increase cost efficiencies
- Improve employee experience
- Provide increased capacity for future growth
The Cairo warehouse will be approximately 27,000 square meters, while the Abidjan facility will span about 36,000 square meters. Both are expected to be fully operational by January 2025. This initiative follows similar projects in Lagos, Nigeria, and Casablanca, Morocco, aligning with Jumia's goal to improve customer service and move towards profitability.
Jumia Technologies AG (NYSE:JMIA), una delle principali piattaforme di e-commerce africane, ha annunciato piani per aprire nuovi magazzini integrati al Cairo, in Egitto, e ad Abidjan, in Costa d'Avorio. Questa espansione fa parte della strategia di Jumia per ottimizzare le operazioni e migliorare l'efficienza della sua rete pan-africana. Le nuove strutture sono progettate per:
- Consentire l'espansione verso l'entroterra
- Stimolare la crescita dell'e-commerce
- Aumentare l'efficienza dei costi
- Migliorare l'esperienza dei dipendenti
- Fornire una maggiore capacità per la crescita futura
Il magazzino del Cairo avrà una superficie di circa 27.000 metri quadrati, mentre la struttura di Abidjan si estenderà su circa 36.000 metri quadrati. Entrambi dovrebbero diventare completamente operativi entro gennaio 2025. Questa iniziativa segue progetti simili a Lagos, in Nigeria, e a Casablanca, in Marocco, allineandosi con l'obiettivo di Jumia di migliorare il servizio clienti e orientarsi verso la redditività.
Jumia Technologies AG (NYSE:JMIA), una de las principales plataformas de comercio electrónico de África, ha anunciado planes para abrir nuevos almacenes integrados en El Cairo, Egipto, y Abidján, Costa de Marfil. Esta expansión forma parte de la estrategia de Jumia para optimizar las operaciones y mejorar la eficiencia en su red panafricana. Las nuevas instalaciones están diseñadas para:
- Permitir la expansión hacia el interior
- Impulsar el crecimiento del comercio electrónico
- Aumentar la eficiencia de costos
- Mejorar la experiencia de los empleados
- Proporcionar mayor capacidad para el crecimiento futuro
El almacén de El Cairo tendrá aproximadamente 27,000 metros cuadrados, mientras que la instalación de Abidján abarcará alrededor de 36,000 metros cuadrados. Se espera que ambas estén completamente operativas para enero de 2025. Esta iniciativa sigue proyectos similares en Lagos, Nigeria, y Casablanca, Marruecos, alineándose con el objetivo de Jumia de mejorar el servicio al cliente y avanzar hacia la rentabilidad.
주미아 테크놀로지스 AG (NYSE:JMIA)는 아프리카의 선도적인 전자상거래 플랫폼으로서 이집트 카이로와 코트디부아르 아비장에 새로운 통합 창고를 열 계획을 발표했습니다. 이번 확장은 주미아의 운영 최적화 및 효율성 향상 전략의 일환입니다. 새로운 시설은 다음과 같이 설계되었습니다:
- 내륙 확장 가능
- 전자상거래 성장 촉진
- 비용 효율성 증가
- 직원 경험 개선
- 미래 성장을 위한 용량 증가
카이로의 창고는 약 27,000 제곱미터, 아비장의 시설은 약 36,000 제곱미터 규모입니다. 두 시설 모두 2025년 1월까지 완전 가동될 것으로 예상됩니다. 이번 이니셔티브는 나이지리아 라고스와 모로코 카사블랑카에서 진행된 유사한 프로젝트에 이어지며, 주미아는 고객 서비스 개선 및 수익성 향상을 목표로 하고 있습니다.
Jumia Technologies AG (NYSE:JMIA), une plateforme de commerce électronique africaine de premier plan, a annoncé des plans pour ouvrir de nouveaux entrepôts intégrés au Caire, en Égypte, et à Abidjan, en Côte d'Ivoire. Cette expansion fait partie de la stratégie de Jumia pour optimiser les opérations et améliorer l'efficacité de son réseau panafricain. Les nouvelles installations sont conçues pour :
- Permettre une expansion intérieure
- Stimuler la croissance du commerce électronique
- Augmenter l'efficacité des coûts
- Améliorer l'expérience des employés
- Offrir une capacité accrue pour une croissance future
L'entrepôt du Caire aura une surface d'environ 27 000 mètres carrés, tandis que l'installation d'Abidjan s'étendra sur environ 36 000 mètres carrés. Les deux devraient être pleinement opérationnels d'ici janvier 2025. Cette initiative fait suite à des projets similaires à Lagos, au Nigeria, et à Casablanca, au Maroc, s'alignant sur l'objectif de Jumia d'améliorer le service client et de tendre vers la rentabilité.
Jumia Technologies AG (NYSE:JMIA), eine führende afrikanische E-Commerce-Plattform, hat Pläne angekündigt, neue integrierte Lagerhäuser in Kairo, Ägypten, und Abidjan, Elfenbeinküste, zu eröffnen. Diese Expansion ist Teil von Jumia's Strategie, um die Operationen zu optimieren und die Effizienz zu steigern in ihrem pan-afrikanischen Netzwerk. Die neuen Einrichtungen sind dafür ausgelegt:
- Eine Expansion in das Inland zu ermöglichen
- Wachstum im E-Commerce voranzutreiben
- Kosteneffizienzen zu erhöhen
- Die Mitarbeitererfahrung zu verbessern
- Die Kapazität für zukünftiges Wachstum zu erhöhen
Das Lager in Kairo wird etwa 27.000 Quadratmeter groß sein, während die Einrichtung in Abidjan etwa 36.000 Quadratmeter umfassen wird. Beide sollen bis Januar 2025 voll operational sein. Diese Initiative folgt ähnlichen Projekten in Lagos, Nigeria, und Casablanca, Marokko, und steht im Einklang mit Jumia's Ziel, den Kundenservice zu verbessern und in Richtung Profitabilität zu arbeiten.
- Expansion of warehouse capacity in Egypt and Ivory Coast
- Strategic positioning for upcountry expansion and e-commerce growth
- Expected improvements in cost efficiency and operational optimization
- Potential for better customer service through improved convenience and delivery times
- None.
Insights
The new integrated warehouses in Egypt and Ivory Coast represent a significant strategic move for Jumia. With 27,000 sqm in Egypt and 36,000 sqm in Ivory Coast, these facilities will substantially increase Jumia's storage capacity and operational efficiency. This expansion is important for several reasons:
- Improved inventory management and faster order fulfillment
- Enhanced ability to serve upcountry markets, potentially increasing market share
- Reduced logistics costs through centralization
- Better positioning to handle increased demand as e-commerce grows in Africa
The planned full operation by January 2025 gives Jumia time to optimize these facilities. This move aligns with industry trends of centralizing operations to improve efficiency and reduce costs. However, the success will depend on effective implementation and the ability to leverage these facilities to drive growth and profitability.
Jumia's warehouse expansion strategy is a clear indicator of the company's commitment to capturing the growing e-commerce market in Africa. This move addresses several critical factors:
- Improved customer experience through faster delivery times and better product availability
- Enhanced ability to scale operations in response to market demand
- Potential for increased product range and seller onboarding
- Strengthened competitive position against both local and international e-commerce players
The focus on upcountry expansion is particularly noteworthy, as it taps into underserved markets with significant growth potential. However, challenges remain, including infrastructure limitations and varying levels of internet penetration across different regions. Jumia's success will hinge on its ability to navigate these challenges while leveraging its expanded capacity to drive customer acquisition and retention.
Strategy to Centralize and Integrate Warehouses Improves Jumia's Storage Capacity and Efficiency While Driving E-commerce Growth
CAIRO, EGYPT and ABIDJAN, IVORY COAST / ACCESSWIRE / October 10, 2024 / Jumia Technologies AG, (NYSE:JMIA) ("Jumia" or "the Company") a leading e-commerce platform in Africa today announced the planned opening of new warehouses in Cairo, Egypt, and Abidjan, Ivory Coast.
The new warehouses are strategically positioned to enable upcountry expansion and in turn drive e-commerce growth while increasing cost efficiencies, improving employee experience, and providing the increased capacity Jumia will need as the Company continues to grow. This expansion aligns with our strategy to optimize operations and enhance efficiency across our pan-African e-commerce platform and follows similar initiatives in Lagos, Nigeria and Casablanca, Morocco.
Francis Dufay, CEO of Jumia said, "The expansion of our warehouses in Egypt and Ivory Coast mark a key part of Jumia's growth trajectory. By enabling us to expand supply capacity and improve convenience and delivery times, we are able to better serve our customers while positioning Jumia for upcountry expansion. These openings, in conjunction with our broader customer acquisition acceleration initiatives and consolidation of our warehouse footprint position Jumia to best capture e-commerce demand in Africa and move towards profitability."
The new facility in Egypt will be approximately 27,000 square meters and the facility in Ivory Coast will be approximately 36,000 square meters.
Both facilities are expected to be operating at full capacity by January 2025.
About Jumia
Jumia is a leading pan-African e-commerce platform, with operations across 11 African countries. Its mission is to improve the quality of everyday life in Africa by leveraging technology to deliver innovative, convenient and affordable online services to customers, while helping businesses grow as they use Jumia's platform to better reach and serve customers.
The Jumia platform consists of a marketplace, which connects more than 64,000 sellers with customers, a vast logistics network, which enables the shipment and delivery of packages, and a proprietary payment service, JumiaPay, which facilitates transactions among participants active on the Jumia platform in select markets. For more information, visit the Company's website at https://group.jumia.com/.
Contact
Investors:
Sloane & Company
jumia@sloanepr.com
Media:
Abdesslam Benzitou - Group Head of Public Relations and Communication
abdesslam.benzitouni@jumia.com
SOURCE: Jumia Technologies AG
View the original press release on accesswire.com
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