Jumia shuts down its operations in Cameroon as losses widen

Jumia has closed its operations in Cameroon, laying off all of its staff and removing the country from the list of countries it covers. The move comes the week after the online retailer posted quarterly financial results showing that losses were widening. Is Jumia a bum bet? We don't think so. [...]
FULL CONTENT AVAILABLE TO SUBSCRIBERS ONLY
I’d like a free demo
Learn more about the Knowledge Centre
ALREADY SUBSCRIBED?