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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.

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Categories: Internet
Companies: Jumia
Countries: Africa
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