As Amazon and Temu push into Africa, Jumia retreats to core markets
Jumia’s path to profitability grows steeper as foreign competitors make inroads across the continent. As global businesses pivot toward Africa, Jumia, the continent’s homegrown e-commerce leader, is carving its own niche. Dominating with over 24% of Africa’s e-commerce market, Jumia has solidified itself as a central figure in the region’s online shopping landscape. In...
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