Jumia Technologies (JMIA) Reports Q4 Revenues of EUR49.28M

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Jumia Reports Fourth Quarter and Full Year 2019 Results

February 25, 2020 7:00 AM EST

Gross profit up 64% in Q4 2019 year-over-year and 72% for the full year 2019

JumiaPay Transactions accelerate 110% in Q4 2019 year-over-year and 278% for the full year 2019

LAGOS, Nigeria--(BUSINESS WIRE)-- Jumia Technologies AG (NYSE: JMIA) (Jumia or the Company) announced today its financial results for the fourth quarter and full-year ended December 31, 2019.

In the fourth quarter of 2019, we took a number of important actions to support our path to profitability while positioning the business for long term growth. commented Sacha... More