jumia

EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark

EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark
EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark
November 16, 2021  |  Cross-border Payments

In today’s top Europe, Middle East and Africa (EMEA) news, U.K. online car retailer Cazoo acquires motor vehicle subscription platform Swipcar for $40 million; Mastercard’s...

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Jumia’s Payments Unit Now One-Third Of Marketplace Revenue
Jumia’s Payments Unit Now One-Third Of Marketplace Revenue
July 01, 2021  |  Cross-border Payments

Jumia Technologies in Africa is looking to keep building its eCommerce presence for the long term while adding to the momentum in its payments division,...

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Jumia On Africa’s Great eCommerce Shift — Toward ‘Everyday Items’
Jumia On Africa’s Great eCommerce Shift — Toward ‘Everyday Items’
May 17, 2021  |  eCommerce

In Africa, the pandemic has spurred consumers to make the move to online platforms, and as part of that move, transact digitally with their devices....

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Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic
Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic
August 14, 2020  |  eCommerce

As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and...

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Today In Payments: New Research Shows 100K+ SMBs Won’t Recover; Uber, Grubhub Combo Would Create Delivery Giant
Today In Payments: New Research Shows 100K+ SMBs Won’t Recover; Uber, Grubhub Combo Would Create...
May 13, 2020  |  News

In today’s top news, new research shows that more than 100,000 SMBs will fold due to the pandemic, and Uber has reportedly made an offer...

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Jumia: How The ‘Amazon Of Africa’ Is Navigating A Pandemic-Induced Explosion In Digital Payments
Jumia: How The ‘Amazon Of Africa’ Is Navigating A Pandemic-Induced Explosion In Digital Payments
May 13, 2020  |  eCommerce

At a quick glance, Africa as a continent lags behind the rest of the world in terms of pushing its population of roughly 1.2 billion...

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Goldman-Backed Startups Jumia, Twiga Team For Kenya Produce Delivery 
Goldman-Backed Startups Jumia, Twiga Team For Kenya Produce Delivery 
April 28, 2020  |  Cross-border Payments

Two African startups backed by Goldman Sachs — the eCommerce platform Jumia and the B2B AgTech startup Twiga Foods — have teamed for produce delivery...

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Jumia To Aid With Delivery Of Essentials In Africa
Jumia To Aid With Delivery Of Essentials In Africa
March 23, 2020  |  Economy

Nigeria-based eCommerce and payments startup Jumia is supporting the fight against COVID-19 in Africa by using its platform to offer information, delivery and supplies. Get...

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