Jumia posts $186mn as revenue for FY’23

Jumia has posted $186 million as revenue for the full year 2023 recording an eight percent year-over-year dip. Looking ahead, the group aims to further reduce its cash utilization while expecting an increase in both orders and Gross Merchandise Value this year excluding potential impact of foreign exchange. Francis Dufay, Group CEO of Jumia joins CNBC Africa to discuss the group’s performance and outlook for this year.
Fri, 16 Feb 2024 14:21:05 GMT