21 Facts About Jumia

1.

Jumia is a Pan-African technology company that is built around a marketplace, logistics service and payment service.

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2.

In Egypt, Jumia has been trying to categorize itself as one of the leading e-commerce websites.

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3.

In 2017, Jumia launched Jumia One, an app that enables customers to pay bills such as airtime.

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4.

In 2016, Jumia became the continent's first unicorn being valued over 1 billion USD.

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5.

In late November 2018, Jumia partnered with cryptocurrency company Telcoin to enhance payment service capabilities throughout their areas of operation.

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6.

In November 2019, Jumia announced the suspension of its e-commerce operations in Cameroon effective on 18 November as the company concluded that its transactional portal is currently not suitable to the current environment in Cameroon.

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7.

On 9 December 2019, Jumia suspended Jumia Food in Rwanda, making it the 3rd country in two months as part of a continuous monitoring of the business environment and operating costs in the markets in which it operates.

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8.

Jumia vowed to continue doing business online in those countries on the classifieds portals, previously called Jumia Deals.

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9.

In 2020, Jumia experienced a shift in shopping habits across its markets in Africa as more shoppers bought everyday products as opposed to electronics.

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10.

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

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11.

In 2021, Jumia launched its technology centre in Egypt to provide its services to the Egyptian market as well as Africa at large.

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12.

On 16 March 2020, Jumia announced a major partnership with Reckitt Benckiser, a global health products manufacturer, to provide a steady supply of hygiene products at affordable pricing and help hamper the spread of the Coronavirus.

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13.

In May 2020, The United Nations Development Programme in partnership with Jumia Uganda, launched an online platform to enable small and medium enterprises to connect with consumers to sustain livelihoods in view of restrictions on movement, stay at home measures and social distancing guidelines which were instituted as part of the measures to curtail further transmission of the novel coronavirus pandemic.

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14.

In September 2020, the Moroccan Ministry of handicrafts teamed up with Jumia to help artisans sell their products online and alleviate the impact of the coronavirus pandemic, which affected the craft industry and other sectors of the economy of the North African Kingdom.

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15.

In December 2020, Jumia announced a partnership with Egypt Post to boost and develop e-commerce trade flows and industry in Egypt.

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16.

In December 2021, UNICEF and Jumia partnered to help Giga connect schools in Africa to the Internet and every young person to information, opportunity, and choice.

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17.

In February 2022, Jumia announced a partnership with LocQar, a smart locker company, to bring online deliveries closer to its consumers in Ghana, ensuring that customers who order items on Jumia get to pick up their packages quicker, safer and conveniently.

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18.

Jumia has a logistics network, which includes among its physical locations over 20 warehouses and more than 1,300 drop-off stations and pick-up stations, located across Jumia's 11-country market, including remote areas.

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19.

In 2020, Jumia announced that its logistics service is available for use by third parties who wish to leverage its network, technology and expertise for last-mile deliveries across 11 countries in Africa.

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20.

In March 2016, Jumia Group secured over €300M of funding from MTN, Rocket Internet, AXA, Goldman Sachs, Orange and CDC.

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21.

In March 2019, Jumia received 50 million euros in investments from Mastercard.

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