Barely eight days Procter & Gamble, a multinational consumer company, announced closing its manufacturing operation, Jumia is also on the verge of shutting down its food delivery service ...

A Jumia Food customer orders food on the app Jumia ... thinks it is burning too much cash too fast in a low-margin market. "It is practically impossible to work. I don't envy the guy running ...

E-commerce company Jumia Technologies has said it will shut down its food delivery operations in Kenya and six other African markets by December. The decision to close the division is aimed at ...

Notably, Jumia Food has faced challenges in attaining profitability ... It also recently partnered with Elon Musk's Starlink to boost fast-speed internet in Africa, facilitating the sale of ...

Its largest shareholder is MTN, Africa's biggest telecoms company. A Jumia Food customer orders food on the app The company said on Friday that the flotation on the New York Stock Exchange would ...