The ‘Amazon of Africa’ is reducing staff and cutting premature products in its new era ...Middle East

Quartz - Economy
The ‘Amazon of Africa’ is reducing staff and cutting premature products in its new era
African e-commerce company Jumia reported $50.5 million in revenue for this year’s third quarter with declining operating losses (33%) and increasing gross profit (29%) compared to last year, while active customers and the value of services sold improved marginally. These results come out barely a week after the…Read more...

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