Tuesday, February 25, 2020

Pan-African e-commerce company Jumia reports 2019 revenues of €160.4M, up 24% YoY, operating loss of €227.9M, up 34% YoY; active customers reached 6.1M in Q4 (Jake Bright/TechCrunch)

Jake Bright / TechCrunch:
Pan-African e-commerce company Jumia reports 2019 revenues of €160.4M, up 24% YoY, operating loss of €227.9M, up 34% YoY; active customers reached 6.1M in Q4  —  Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses …



No comments:

Post a Comment

OpenAI and Google are providing advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu, and Tencent, exposing a gap in US AI controls (Madhumita Murgia/Financial Times)

Madhumita Murgia / Financial Times : OpenAI and Google are providing advanced AI models to Singapore-based subsidiaries of Alibaba, Baidu...