Jumia is currently involved in some issues which are threatening its corporate existence. The company is facing class-action lawsuits in the United States as a member of its staff engaged in fraud worth $17.5 million and the company’s financial report revealed that its loss grew by 59.2% in one year.

Jumia’s staff and some members of the Jumia Force (Jumia’s agents) were said to have inflated the volumes of order on the marketplace. Although, Jumia claimed the fraudulent activity didn’t affect its figures in the financial statement, however, the improper order accumulated to $17.5 million in between... https://nairametrics.com/2019/08/22/17-million-fraud-rocks-jumia-as-company-battles-with-several-us-lawsuit/