Despite a pandemic, Jumia’s losses drop for the first time in two years

Jumia pulls off a decent first quarter despite challenges from COVID-19 pandemic. Jumia, the Africa focused ecommerce company has announced its first quarterly report [PDF] for 2020. After surviving a difficult 2019, the online retailer was looking to rebuild in 2020 and strengthen its path to profitability.  However, the COVID-19 pandemic has made a serious … Continue reading Despite a pandemic, Jumia’s losses drop for the first time in two years