Jumia has shut down its e-commerce business in Tanzania. Users in the country will no longer be able to buy and sell goods from the retailer’s website, Jumia.tz. In a statement to TechCabal, Jumia said its Tanzanian exit is “part of ongoing portfolio optimization efforts.” “While Tanzania has strong potential and we’re proud of the […]
Merchants will be able to sell on the site at 0% commission
If this is true, that’s about 30% of Jumia’s 1000-person strong workforce in Nigeria.
The partnership will allow Jumia’s customers “buy now and pay later” when they use First Bank’s Naira Credit card as their payment method.