Jumia to cease operations in non-strategic markets

Ceasing operations in south africa and tunisia to optimize resources and focus on markets with stronger growth potential lagos, nigeria / accesswire / october 16, 2024 / jumia technologies ag (nyse:jmia) ("jumia" or "the company"), a leading e-commerce platform in africa, today announced the planned closure of its operations in south africa, operated under the brand name zando, and tunisia. the closure of these markets will allow jumia to focus resources on its most promising markets that have a stronger growth potential.
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