African Media Agency -English

Jumia reports 22% gross profit increase in third quarter

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Online retailer Jumia says its third-quarter gross profit after fulfilment, sales and advertising expenses turned positive for the first time at the group level, with the majority of countries breaking even. The e-commerce company reported a 22 per cent increase in its gross profit for the third quarter of the year. Juliet Anammah, Chairwoman for Jumia Nigeria and Head of Institutional Affairs at Jumia Group spoke to CNBC Africa for more.

The post Jumia reports 22% gross profit increase in third quarter appeared first on CNBC Africa.

CNBC AFRICA

The post Jumia reports 22% gross profit increase in third quarter appeared first on African Media Agency.

Source : African Media Agency (AMA)

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