Jumia CEOs Resign as Firm Suffers Losses
The founders and co-CEOs of Jumia Technologies, Sacha Poignonnec and Jeremy Hodara have both resigned from their positions after persistent losses.
According to Bloomberg report, the Africa-focused e-commerce group is struggling with persistent losses and a slumping share price.
In...
MTN Seeks To Sell $243m Stake In Jumia Technologies
There are indications that MTN Group Ltd. is planning to sell part or all of its $243 million interest in Jumia Technologies AG as it looks to pay down debt and enter new markets.
Reuters, yesterday, said...
