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Jumia - JMIA STOCK NEWS

Welcome to our dedicated page for Jumia news (Ticker: JMIA), a resource for investors and traders seeking the latest updates and insights on Jumia stock.

Jumia Technologies AG (JMIA) operates Africa's leading e-commerce ecosystem, connecting millions with sellers through its marketplace, logistics network, and JumiaPay. This page serves as the definitive resource for tracking corporate developments shaping Africa's digital commerce landscape.

Access timely updates including earnings reports, strategic partnerships, market expansion initiatives, and technology innovations. Investors gain insights into operational milestones while analysts monitor progress against regional e-commerce adoption trends.

Our curated news collection features official press releases alongside verified market analysis. Stay informed about logistics network enhancements, payment system upgrades, and consumer growth metrics without speculative commentary.

Bookmark this page for streamlined tracking of JMIA's evolving role in African tech and retail. Check regularly for updates on cross-border trade developments, seller ecosystem expansions, and financial performance indicators essential for market evaluation.

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Jumia Technologies AG (JMIA) filed its Annual Report on Form 20-F for 2023 with the SEC, offering insights into its financial performance and operations. Investors can access the report online or request a hard copy for free.
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Jumia Technologies AG (NYSE:JMIA) reported improved growth trends and a significant reduction in operating loss for the fourth quarter of 2023. Despite a 2% year-over-year decline in revenue, there was a 28% increase in constant currency. Operating loss decreased by 90% year-over-year. The company's liquidity position improved, showing a decrease in cash utilization. Jumia focused on efficiency, better unit economics, and reduced marketing spend to drive growth in 2024.
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Jumia Technologies AG (NYSE:JMIA) will release its Q4 and full year 2023 results on February 15, 2024. A conference call will be hosted at 8:30 a.m. US Eastern Time on the same day. Details for the call are provided for US, international, and UK participants. A live webcast and archived webcast will be available on the Jumia Investor Relations website.
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Jumia Technologies AG (NYSE:JMIA) is closing its food delivery business, Jumia Food, due to unsuitable market conditions and macroeconomic environment. The company will focus on its core physical goods business and JumiaPay. The food delivery business represents approximately 11% of Jumia's GMV for the nine months ended September 30, 2023 and has not been profitable since inception.
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Jumia Technologies AG (NYSE:JMIA) announced its financial results for Q3 2023, reporting a revenue of $45 million, down 11% year-over-year, and a GMV of $181 million, down 25% year-over-year. The company achieved a significant decrease in operating and EBITDA losses, and a liquidity position of $147 million. CEO Francis Dufay highlighted a shift towards cash efficiency and profitable growth, focusing on core physical goods business and reducing marketing expenses.
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Jumia Technologies AG (NYSE:JMIA) will release its Q3 2023 results on November 15, 2023. The conference call will be held at 8:30 a.m. US Eastern Time on the same day. The webcast of the earnings conference call can be accessed on the Jumia Investor Relations website.
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Jumia Technologies AG announced its financial results for Q2 2023, showing a significant reduction in losses and progress towards profitability. Both Operating and Adjusted EBITDA losses decreased by approximately 66% year-over-year. The company also updated its Adjusted EBITDA loss guidance for 2023 to $90-100 million, compared to $100-120 million previously.
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Jumia Technologies AG will release its Q2 2023 results on August 15, 2023. A conference call will be held at 8:30 a.m. US Eastern Time on the same day. Details for the call can be found on the Jumia Investor Relations website.
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Jumia Technologies AG announced that it will release its Q1 2023 results on May 23, 2023. The conference call will be held at 8:30 a.m. US Eastern Time on the same day. The earnings conference call can be accessed via a live webcast on the Jumia Investor Relations website.
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Jumia

NYSE:JMIA

JMIA Rankings

JMIA Stock Data

257.17M
120.88M
1.2%
23.87%
7.94%
Internet Retail
Consumer Cyclical
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Germany
Berlin