Positively impacting the local economies. In 2016, Jumia Group received over €300M of funding from MTN, Rocket Internet, AXA, Goldman Sachs, Orange, and CDC. The marketplace helps millions of consumers and sellers to connect and transact. In just a few years it managed to become a famous and popular brand. View the most recent institutional ownership activity and 13F transactions for JMIA stock at MarketBeat. At inception we did an average delivery time of a week, today we do, on average, delivery in 1-5 days. Am posting this seeking to know the procedure of partnering with jumia. It is built around a marketplace, Jumia Logistics, and JumiaPay. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Initially starting with 3 employees, Jumia presently has a staff strength of 80 young and entrepreneurial Ghanaians including our 8 man strong customer service team available 6 days a week. Two French ex McKinsey consultants Jeremy Hodara and Sacha Poignonnec saw an opportunity in the less exploited African online market. S&P 500 3,795.54 (-0.38%) DOW 30,991.52 (-0.22%) QQQ 314.35 (-0.53%) Orange (www.Orange.com) has announced the acquisition of a 75 million-euro equity interest in Africa Internet Group owners of Jumia, Jovago etc. Back in 2012, Jeremy Hodara and Sacha Poignonnec founded the company and became its co-CEOs. In this model, Jumia will keep the products an online marketplace seller is selling in their warehouse. A scandal or a scoundrel? Daniel Mwai. Global companies MTN, Rocket Internet, and Millicom received 33.3% of the shares of the Internet holding. KES 60 billion). But the owners are seeking a way out from the consumer electronics and fashion retailer, in line with its strategy of selling or listing established internet firms. Raphael Afaedor and Tunde Kehinde (Jumia MD/CEOs) If the information reaching societyreelnews is anything to fly with, then, one of Nigeria’s online shopping portals, Jumia has just perpetrated an unprofessional messy plot to sideline a strong competitor, Konga out of business.. Jumia has grown tremendously since its inception and launch in 2012 to operate in 16 countries and has over 4,000 employees. Juliet Anammah has been named as the new CEO for Jumia Nigeria. After Sales Manager, Kenya. Who are the founders of Jumia? After Sales Manager, Kenya. Since we last wrote this article, a lot has changed at Jumia and we thought it wise to update you on the happenings. In less than a year, Jumia was spreading its tentacles in Ghana, Morocco and Kenya. Positively impacting the local economies. Reliable sources revealed that Rocket Internet, owners of Jumia.com decided to … Jumia offloaded its Jumia Travel portfolio to TravelStart. I would like to become a business partner with jumia to help increase the sales revenue of my business. The launch of Jumia Now enabled on-demand products to be delivered in less than 20 minutes. According a press release issued by the company, the investment which will […] Confirmed reports indicate that the online retailer will make an IPO on the New York bourse this year (2019) in a bid to raise USD 600 million (approx. Prior to joining Jumia, Juliet Anammah was a Partner in Accenture and the Managing Director of the firm’s Consumer Goods Practice in Nigeria. There are several factors worth taking into account: The departure of the founders surprised many Nigerian users. They were leaders of the company until they left it in 2014. My name is Charity Masika I have a small business of shopping baskets and African fabric (Kitenge). Before that, Hodara was an engagement manager at McKinsey and specialized in ecommerce. Learn who created this company and who manages it now. 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