# Jumia Nigeria

> Jumia is Africa's largest e-commerce platform, and Nigeria is its biggest market. Launched in Lagos in 2012, it connects thousands of sellers to millions of shoppers across phones, fashion, electronics, groceries and household goods, then delivers to cities and villages that most retailers never reach. Backed by its own logistics network and the JumiaPay wallet, the company listed on the New York Stock Exchange in 2019 and is now pushing into northern Nigeria and secondary cities as it chases its first full year of profit.

- **Founded:** 2012
- **Headquarters:** Lagos, Nigeria
- **Founders:** Sacha Poignonnec (Co-founder & former Co-CEO), Jeremy Hodara (Co-founder & former Co-CEO), Tunde Kehinde (Co-founder (Nigeria)), Raphael Afaedor (Co-founder (Nigeria))
- **Team size:** ~2,200 employees (Nigeria); several thousand group-wide
- **Products:** Jumia Marketplace, Jumia Logistics, Jumia Travel, Jumia Food, Jumia Deals
- **Notable:** First African startup to list on a major global exchange (NYSE, April 2019)., Africa's largest online marketplace by traffic and reach, present in multiple African countries., Built one of the continent's most extensive private e-commerce logistics networks.

## Products & services

- **Jumia Marketplace** — Core online marketplace selling phones, electronics, fashion, home goods, groceries and more from thousands of third-party sellers and Jumia's own retail.
- **Jumia Logistics** — In-house delivery and fulfilment network of warehouses, pickup stations and last-mile riders reaching major cities and secondary towns.
- **Jumia Travel** — Online hotel and travel booking platform.
- **Jumia Food** — Food-delivery platform (later wound down in several markets as the company refocused on physical goods).
- **Jumia Deals** — Classifieds and deals marketplace.
- **Jumia One** — App for bill payments, airtime and everyday services.
- **JumiaPay** — Digital payment and wallet service handling online payments, bill pay and pay-on-delivery across Jumia services.
- **Jumia Lending** — Working-capital financing program for sellers on the platform.

## Achievements

- First African startup to list on a major global exchange (NYSE, April 2019).
- Africa's largest online marketplace by traffic and reach, present in multiple African countries.
- Built one of the continent's most extensive private e-commerce logistics networks.
- Halved Adjusted EBITDA losses through 2025 while growing GMV, targeting profitability by 2027.
- Nigeria Q4 2025: orders up 33% and GMV up 50% year-over-year.

## Latest updates

- **2026-08** — Jumia raised roughly $50M in an equity offering to fund its path to profitability.
- **2026-02** — Reported Q4 and full-year 2025 results; Nigeria delivered orders up 33% and GMV up 50% YoY.
- **2025-11** — Q3 2025 results: revenue $45.6M (+25% YoY), GMV $197.2M (+21%); Nigeria highlighted as a growth driver.
- **2025-08** — Q2 2025 results showed 25% revenue growth with Nigeria a standout market.
- **2025-07** — Began expansion into northern Nigeria, rural areas and secondary cities.

## Links

- Website: https://jumia.com.ng
- LinkedIn: http://www.linkedin.com/company/jumia-nigeria
- Twitter/X: https://twitter.com/JumiaNigeria
- YouTube: https://www.youtube.com/jumianigeria
- Instagram: https://www.instagram.com/jumianigeria
- Facebook: https://facebook.com/pages/Jumia-Nigerias-No-1-online-retailer/291297097615087
- TikTok: https://www.tiktok.com/@jumianigeria

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Profile page: https://yespress.io/jumia-nigeria
Published by YesPress — https://yespress.io
Last updated: 2026-08-16