Jumia has done well and the new CEO has executed a solid business playbook, exiting markets and focusing on areas of potential growth. Within quarters, they have reduced operating loss from about $50 million to $22.1 million per quarter. However, by cutting out some units like Jumia Foods, revenue has dropped, from $44m (in Q2 [...]The post Jumia Has A Future in JumiaPay appeared first on Tekedia.
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