African e-commerce firm Jumia says it is past peak losses, shares jump - Reuters
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8/10/2022 12:00:00 AM2 years 8 months ago
African e-commerce firm Jumia Technologies said on Wednesday it was past peak losses and would focus on promotions, marketing and cost cutting in its quest towards profitability, driving its shares up 16% despite a wider quarterly loss.
Aug 10 (Reuters) - African e-commerce firm Jumia Technologies said on Wednesday it was past peak losses and would focus on promotions, marketing and cost cutting in its quest towards profitability, d… [+1964 chars]
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