Jumia records significant growth in users and revenues in Q2 2022
Jumia Technologies today announced its financial results for the second quarter ended June 30, 2022, showing continued usage growth and accelerating monetization, but yet to scale the e-commerce business to profitability.
The pan-African e-commerce giant maintained a strong pace of usage growth, despite a deteriorating macro environment.
Here are the key highlights and Techloy's analysis of the results:
This post is for subscribers only
Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Already have an account? Log in
Get unlimited access to tech news and data delivered to your inbox weekly.
You've successfully subscribed to Techloy
Great! Next, complete checkout to get full access to all premium content.
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.