Jumia aims for profit as it fends off Chinese rivals

Jumia Technologies expects to break even in Q4 2026 and achieve its first full-year profit in 2027 after years of restructuring. The Africa-focused e-commerce platform narrowed its 2025 loss to $60.1M from $97.6M in 2024, growing 35% year-over-year in Q4. The company has strengthened its position against Chinese competitors Show more