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E-commerce Jumia Business

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

Loy Okezie profile image
by Loy Okezie
Updated
Jumia records significant growth in users and revenues in Q2 2022
Photo by Adrian Sulyok / Unsplash

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:

Loy Okezie profile image
by Loy Okezie
Updated

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