A day after a rout, US stocks turn higher on solid earnings

Jumia, Konga plan $4.7 bln IPOs on international market

The two major players in the Nigerian e-commerce space – Jumia and Konga – are considering listing their respective shares on the international market. Jumia had earlier announced its planned $1.5 billion initial public offering (IPO) on the New York Stock Exchange this year, which would reportedly see the business valued at $1.5 billion, even […]

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Jumia unveils late night food delivery service

Jumia’s marketplace for restaurants has announced the introduction of a late night delivery service to enable customers to order food up until midnight. A statement quoted the Managing Director of the company, Guy Futi, who disclosed this in Lagos recently, as saying, “We introduced the late night delivery service to accommodate customers who order food […]

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Customers can now order Dangote cement on Jumia as prices crash

In a new move designed to reduce price and ease logistics inherent in the purchase of its products, Dangote Cement Plc has signed a pact with foremost e-commerce platform, Jumia Nigeria, to sell its cement to customers online. At the unveiling of the deal in Lagos, Dangote Cement’s Key Account Director Chux Mogbolu said the […]

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Air France KLM partners Jumia to reward Nigerian-based flyers

Airfranceklm and Jumia Nigeria have announced a partnership to reward Nigerian-based flyers registered with the airline’s Flying Blue loyalty programme. The partnership signed by both organisations on Tuesday is expected to give additional benefits to customers of the airline by exposing them to Jumia’s product offers. The AirFranceKLM’s Commercial Director for Nigeria and Ghana, Arthur […]

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How did Jumia reposition e-commerce industry in Nigeria?

Jumia, online market mall, has said it repositioned e-commerce sector in Nigeria by exploring better innovative technologies and market trends, to deliver the best online shopping experience and options for customers across the country. Launched in 2012, the company said it has attracted global recognition to the industry, which also attracted huge foreign direct investment […]

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Jumia admits smartphone promotes e-commerce in Nigeria

CEO, Jumia Nigeria, Juliet Anammah, has underscored the place of smartphone use in the expansion of the electronic or e-commerce ecosystem in the country. In a paper on the African Mobile Trends she presented in Lagos, she said about 71 per cent of website visitors on Jumia used their mobile phones. This is compared to […]

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Jumia promises juicy Black Friday deals

Jumia Nigeria on Monday said that there would be increased sales inventory in all categories during the 2016 Black Friday. The firm said that the increased sales inventory would cut across fashion, electronics, phones, computers, home, baby, health and beauty categories – with up to 70 per cent discount prices. It said that there would […]

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