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 Openings105
Revenue (FY, 2018)€130.6 M(+39%)
Share Price (May 2021)$26.7(-14%)
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
Show more

Jumia Office Locations

Jumia has offices in Ikeja, Algiers, Douala, Paris and in 7 other locations
Ikeja, NG (HQ)
109 Adeniyi Jones Ave
Paris, FR
9 Rue de Milan
Porto, PT
3 R. de Ricardo Severo
Show all (11)

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, 2020)

(161.0m)

EBIT (FY, 2020)

(149.2m)

Market capitalization (7-May-2021)

2.6b

Closing stock price (7-May-2021)

26.7

Cash (31-Dec-2020)

304.9m

EV

2.3b
Jumia's current market capitalization is $2.6 b.
Annual
EURFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

94.0m130.6m

Revenue growth, %

39%

Cost of goods sold

65.8m84.8m84.5m46.8m

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, 2019FY, 2020

Cash

29.7m100.6m170.0m304.9m

Accounts Receivable

19.6m13.0m

Prepaid Expenses

3.4m7.4m

Inventories

9.4m9.4m10.0m6.7m
EURFY, 2017FY, 2018FY, 2019FY, 2020

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)(98.5m)
Show all financial metrics

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

2.7 m4 m

Gross Merchandise Volume

$88.6 m$101.8 m$118.9 m$197.9 m€507.1 m$152.4 m$166.3 m$198.4 m$311 m€828.2 m
Show all operating metrics

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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Jumia Online and Social Media Presence

Embed Graph

Jumia News and Updates

Thinking about trading options or stock in Jumia Technologies, GameStop, Vipshop Holdings, Daqo New Energy, or McCormick & Co?

NEW YORK, March 30, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for JMIA, GME, VIPS, DQ, and MKC. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Jumia Expands in Online Africa Food Delivery in Quest For Profit

Jumia Expands in Online Africa Food Delivery in Quest For Profit

Jumia co-CEO Jeremy Hodara talks African e-commerce and his company’s path to profitability

This month, African e-commerce giant Jumia released its second full-year financials for Q4 and its fiscal year 2020. The results were mixed — active customers and gross profit increased, while orders and gross merchandise volume (GMV) fell. A particular feature that has troubled the company since it…

Jumia narrows losses, as its payment service grows in financial results

After years of losses, African e-commerce giant Jumia claimed significant progress towards profitability in its Q4 2020. Backing that claim, Jumia reported record gross profit and some improvements to its cost structure. The company wrote in its earnings release that while “2020 has been a challengi…

Tauriga Sciences Inc. Expands Its International Presence Through Opening of Tauri-Gum Store on the Jumia Online Marketplace Platform

NEW YORK, NY, Feb. 02, 2021 (GLOBE NEWSWIRE) --  via NewMediaWire -- Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with a proprietary line of CBD & CBG infused Supplement chewing gums (Flavors: Pomegranate, Blood Ora…

The Rosen Law Firm, P.A., Pomerantz LLP, and Kaplan Fox & Kilsheimer LLP Announce Proposed Class Action Settlements on Behalf of Purchasers of American Depositary Shares of Jumia Technologies AG – JMIA

NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A., Pomerantz LLP, and Kaplan Fox & Kilsheimer LLP announce that the United States District Court for the Southern District of New York and the Supreme Court of New York, New York County has approved the following announcement o…
Show more

Jumia Blogs

Jumia Egypt Launches a New Initiative to Support SMEs & Handicrafts

Egypt, Cairo, 22nd April 2021: As a part of its support for the local industries, especially small and micro-enterprises; Jumia, the leading e-commerce platform in Egypt, launched a new initiative [...] The post Jumia Egypt Launches a New Initiative to Support SMEs & Handicrafts appeared first o…

Jumia ranked 7th among the top 10 influential brands in Egypt in 2020

Egypt, Cairo, March 30th, 2021: Jumia, the leading e-commerce company, topped the list of the most influential brands in Egypt, according to a survey conducted in 2020 by IPSOS, the [...] The post Jumia ranked 7th among the top 10 influential brands in Egypt in 2020 appeared first on Jumia Group | J…

African online retailer Jumia’s losses narrow after cost cuts

LAGOS (Reuters) – African e-commerce giant Jumia said on Wednesday its cost cuts helped it reduce fourth quarter losses by 47% from a year ago as revenues continue to slide, [...] The post African online retailer Jumia’s losses narrow after cost cuts appeared first on Jumia Group | Jumia Expand Your…

Jumia Adding Food-Delivery Service in Egypt

Jumia Technologies AG is rolling out its restaurant-delivery service in Egypt, making the country the tenth where it offers the capability. Hesham Safwat, Jumia’s chief executive for the Egyptian market, [...] The post Jumia Adding Food-Delivery Service in Egypt appeared first on Jumia Group | Jumia…

Jumia Launches Its New Technology Center in Egypt

Hesham Safwat: “Egyptian’s tech skills are the main reason for Jumia to choosing Egypt for hosting its new tech center” Egypt, Cairo, February 2021: Inspired by Egypt’s leadership in the [...] The post Jumia Launches Its New Technology Center in Egypt  appeared first on Jumia Group | Jumia Expand Yo…

Jumia Black Fridays 2020

The post Jumia Black Fridays 2020 appeared first on Jumia Group | Jumia Expand Your Horizons.
Show more

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, CHARLES & KEITH and Boozt.

  • 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 7 other locations.

  • How many offices does Jumia have?

    Jumia has 11 offices.