0
Broadband

Jumia revenue falls 15% in Q4, annual active consumers up 12%

Thursday 25 February 2021 | 09:32 CET | News
African e-commerce group Jumia's revenue decreased by 15.3 percent to EUR 41.8 million in the three months to 31 December 2020. Annual active consumers reached 6.8 million, up 12 percent year-on-year, with continued growth in both new and returning consumers. Orders fell 2.6 percent to EUR 8.1 million from 8.3 million after a 14 percent drop in transactions on the JumiaPay app, while orders on the rest of the platform were stable.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Jumia
Countries: Africa
::: add a comment
This article is part of dossier

Coronavirus


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Jumia revenue falls over 6% in Q1, customers up 7% and orders up 3% with modest recovery for phones

Published 12 May 2021 11:09 CET | Africa
African e-commerce company Jumia said revenue decreased by 6.4 percent to EUR 27.4 million in the first quarter ended 31 March ...

Jumia appoints George-Yanwah as new CEO for Ghana

Published 30 Apr 2021 11:00 CET | Ghana
E-commerce platform Jumia has announced the appointment of Tolulope George-Yanwah as new CEO for Ghana. George-Yanwah takes over ...

Jumia places 8 million ADS for USD 231 mln

Published 03 Dec 2020 13:34 CET | World
Jumia said it has completed the sale of an offering of 7.97 million American Depositary Shares (ADSs) at an average price of USD ...

Jumia cooperates with Stanchart and Samsung for Black Friday deals throughout November

Published 06 Nov 2020 14:26 CET | Nigeria
Jumia Nigeria has partnered with Standard Chartered Bank, Samsung and other brands for the 2020 Black Friday campaign, which runs ...

Mondia and Jumia launch new gaming service on JumiaPay app in Africa

Published 07 Oct 2020 14:47 CET | Africa
Mondia, which specialises in the marketing and distribution of digital content, has announced the launch with Jumia of Jumia ...

Jumia revenue falls by 10% in Q2, active consumers up 40% as orders rise 8%

Published 14 Aug 2020 10:06 CET | Africa
African e-commerce group Jumia's revenue decreased by 10 percent to EUR 34.9 million in the second quarter ended 30 June compared ...





Calendar   /   Industry Events

02 Aug SBA Communications Q2
02 Aug NXP Semiconductors Q2
02 Aug Arista Networks Q2
02 Aug Ceragon Networks Q2
02 Aug DSP Group Q2 2021
02 Aug ON Semiconductor Q2
02 Aug DZS Q2
02 Aug Harmonic Q2
03 Aug Infinera Q3 2021
03 Aug Akamai Technologies Q2 2021
03 Aug NeoPhotonics Q2 2021
03 Aug Alibaba Q2 2021
03 Aug RingCentral Q2 2021
03 Aug Bredband2 Q2 2021
03 Aug Sequans Q2 2021
04 Aug Intred Q2 2021
04 Aug Softbank fiscal Q1
04 Aug Lumen Technologies Q2
04 Aug EA fiscal Q1
04 Aug Viavi Q4
04 Aug 8x8 fiscal Q1
04 Aug Digi International fiscal Q3
04 Aug Roku Q2 2021
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
05 Aug Motorola Solutions Q2
05 Aug Frontier Communications investors meeting
::: More Calendar Items