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JUMIA GROUP
Jumia Group has trimmed its operating loss to $16.5 million in the second quarter of 2025, marking an 18% year-over-year improvement as the e-commerce company continues its long road toward profitability.
The two CEOs of Jumia Group, Jeremy Hodara and Sacha Poignonnec will be taking a salary cut to support their workers amidst the Coronavirus pandemic.
Jumia Group has announced the appointment of Massimiliano Spalazzi as the new Chief Executive Officer (CEO) of Jumia Nigeria.
Jumia Group has suspended its e-commerce operations in Tanzania just a week after it did the same in Cameroon.