Tuesday, September 2, 2025

A profile of Jumia, hailed as the "Amazon of Africa", as CEO Francis Dufay tries to hit profitability by 2027 after scaling down its food delivery business (Aanu Adeoye/Financial Times)

Aanu Adeoye / Financial Times:
A profile of Jumia, hailed as the “Amazon of Africa”, as CEO Francis Dufay tries to hit profitability by 2027 after scaling down its food delivery business  —  Six years after a high-profile listing, Jumia is still trying to prove that it can be a profitable business rather than a relic of the cheap money era



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...