OverviewSuggest Edit

Jumia is an online retailer specialized in electronics, fashion, home appliances, and children’s items. The Company offers a wide selection of products including but not limited to men and women's fashion, mobile phones, computers, electronics, home appliances, and etc.
TypePublic
Founded2012
HQIkeja, NG
Websitegroup.jumia.com

Latest Updates

Employees (est.) (Apr 2019)6,254(+3%)
Job Openings26
Revenue (FY, 2018)€130.6 M(+39%)
Share Price (Sept 2020)$7.7 (-4%)
Cybersecurity ratingCMore

Key People/Management at Jumia

Jérémy Doutté

Jérémy Doutté

EVP
Laurent Frileux

Laurent Frileux

Senior Vice President Operations
Romain Christodoulou

Romain Christodoulou

Senior Vice President
Sacha Poignonnec

Sacha Poignonnec

co-Founder and co-CEO
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Jumia Office Locations

Jumia has offices in Ikeja, Algiers, Douala, Paris and in 8 other locations
Ikeja, NG (HQ)
109 Adeniyi Jones Ave
Paris, FR
9 Rue de Milan
Casablanca, MA
Rue Imam Al Boukhari
Porto, PT
3 R. de Ricardo Severo
Show all (12)

Jumia Financials and Metrics

Jumia Revenue

Jumia's revenue was reported to be €130.57 m in FY, 2018 which is a 38.9% increase from the previous period.
USD

Net income (FY, 2019)

(227.1m)

EBIT (FY, 2019)

(227.9m)

Market capitalization (18-Sept-2020)

605.3m

Closing stock price (18-Sept-2020)

7.7

Cash (31-Dec-2019)

170.0m

EV

441.4m
Jumia's current market capitalization is $605.3 m.
Annual
EURFY, 2017FY, 2018FY, 2019

Revenue

94.0m130.6m

Revenue growth, %

39%

Cost of goods sold

65.8m84.8m84.5m

Gross profit

28.2m45.7m
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

19.3m18.3m19.8m28.3m24.8m33.6m

Cost of goods sold

13.7m12.2m11.7m19.8m15.9m21.1m

Gross profit

5.6m6.1m8.1m8.5m8.9m12.5m

Gross profit Margin, %

29%33%41%30%36%37%
EURFY, 2017FY, 2018FY, 2019

Cash

29.7m100.6m170.0m

Accounts Receivable

19.6m13.0m

Prepaid Expenses

3.4m7.4m

Inventories

9.4m9.4m10.0m
EURFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

1.6m2.2m7.9m

Inventories

(6.6m)(636.0k)

Accounts Payable

26.7m5.0m

Cash From Operating Activities

(117.0m)(139.0m)(182.6m)
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Jumia Operating Metrics

Jumia's Customers was reported to be 4 m in FY, 2018.
Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018

Active Sellers

81 k

Countries

14

Customers

2.70 m4 m

Gross Merchandise Volume

$88.60 m$101.80 m$118.90 m$197.90 m€507.10 m$152.40 m$166.30 m$198.40 m$311 m€828.20 m
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Jumia Acquisitions / Subsidiaries

Company NameDateDeal Size
ECART Internet Services Nigeria
ECART services Ivory Coast SRL
ECART services Kenya Limited
ECART services Morocco Sarl
Jumia Egypt LLC

Jumia Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Jumia Revenue Breakdown

Embed Graph

Jumia revenue breakdown by business segment: 11.5% from Fulfillment, 62.5% from Sales of goods, 12.0% from Commissions, 12.3% from Other revenue and 1.7% from Other

Jumia revenue breakdown by geographic segment: 11.8% from South Africa, 50.6% from West Africa, 29.0% from North Africa, 8.2% from East Africa and 0.4% from Other

Jumia Online and Social Media Presence

Embed Graph

Jumia News and Updates

Jumia Sees Startup Rivals Competing for Africa Online Sales

Jumia Sees Rivalry From Startups Keen to Tap Africa Online Sales

Jumia is selling more groceries and digital services—but revenue fell in the first quarter

The coronavirus outbreak is hitting Jumia hard in South Africa but helping it elsewhere.

Jumia adapts Pan-African e-commerce network in response to COVID-19

Pan-African e-commerce company Jumia is adapting its digital retail network to curb the spread of COVID-19. The Nigeria headquartered operation — with online goods and services verticals in 11 African countries — announced a series of measures on Friday. Jumia will donate certified face masks to hea…

Africa e-tailer Jumia reports first full-year results post NYSE IPO

Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded financial services and still posted losses. The online sales company, with an operations center in China, also anticipates some negative impact on 2020 growth from the c…

African unicorn Jumia looks to services, platforms to halt slide

E-commerce unicorn Jumia Technologies, which last year became Africa's first tech firm to list in New York, will focus on proving it can turn a profit after a bruising 2019, one of its co-founders told Reuters.

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0

The business of selling consumer goods and services online is a relatively young endeavor across Africa, but ecommerce is set to boom. Over the last eight years, the sector has seen its first phase of big VC fundings, startup duels and attrition. To date, scaling e-commerce in Africa has straddled t…
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Jumia Blogs

Coronavirus pandemic boosts online trade in Africa

Many businesses in Africa have discovered new ways to bring goods and services to their clients during the COVID-19 lockdown. Both big and small entrepreneurs stand to benefit from online [...] The post Coronavirus pandemic boosts online trade in Africa appeared first on Jumia Group | Jumia Expand Y…

Oxford Business Group: Juliet Anammah, Chairwoman, Jumia Nigeria; and Head of Institutional Affairs, Jumia Group

On adapting to changing preferences What has been the impact of the Covid-19 pandemic on Africa’s e-commerce sector?  JULIET ANAMMAH: It is important to recognise that we are currently facing a [...] The post Oxford Business Group: Juliet Anammah, Chairwoman, Jumia Nigeria; and Head of Institutional…

Le Monde: In Africa, the coronavirus does the business of home delivery platforms

Seydou Sall sprinkles antiseptic on the bags of food just dropped off at his home by one of these deliveries and online trading companies whose Covid-19 is boosting sales here [...] The post Le Monde: In Africa, the coronavirus does the business of home delivery platforms appeared first on Jumia Gro…

Oxford Business Group: How can digital solutions aid Nigeria’s Covid-19 fight?

As the world grapples with the challenges posed by Covid-19, Nigeria is leveraging digital solutions to limit disruption to essential supplies and commerce during the pandemic. On March 20 the country, [...] The post Oxford Business Group: How can digital solutions aid Nigeria’s Covid-19 fight? appe…

TechCrunch: Goldman-backed ventures Jumia and Twiga partner on produce in Kenya

Pan-African e-commerce company Jumia and B2B agtech startup Twiga Foods  are partnering to deliver produce in Kenya  using adaptive measures during COVID-19. Jumia offers online goods and services verticals in 11 countries and became the [...] The post TechCrunch: Goldman-backed ventures Jumia and T…

PYMNTS: How JUMIA Is Navigating A Pandemic-Induced Explosion In Digital Payments

At a quick glance, Africa as a continent lags behind the rest of the world in terms of pushing its population of roughly 1.2 billion people into the digital age. [...] The post PYMNTS: How JUMIA Is Navigating A Pandemic-Induced Explosion In Digital Payments appeared first on Jumia Group | Jumia Expa…
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Jumia Frequently Asked Questions

  • When was Jumia founded?

    Jumia was founded in 2012.

  • Who are Jumia key executives?

    Jumia's key executives are Jérémy Doutté, Laurent Frileux and Romain Christodoulou.

  • How many employees does Jumia have?

    Jumia has 6,254 employees.

  • Who are Jumia competitors?

    Competitors of Jumia include Imperva, Ozsale and Miinto.

  • Where is Jumia headquarters?

    Jumia headquarters is located at 109 Adeniyi Jones Ave, Ikeja.

  • Where are Jumia offices?

    Jumia has offices in Ikeja, Algiers, Douala, Paris and in 8 other locations.

  • How many offices does Jumia have?

    Jumia has 12 offices.