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Jumia Understates COVID-19 Benefit Despite Benefiting Largely From It - Business - Nairaland

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Jumia Understates COVID-19 Benefit Despite Benefiting Largely From It by Alarinka1: 5:57pm On Aug 14, 2020
E-commerce company, Jumia, has revealed that its online business wasn't necessarily favoured by the COVID-19 pandemic following projections that the e-commerce market was one of the few sectors that wasn't negatively impacted by the pandemic which disrupted operations of many industries.

Jumia, Konga, and other rivals had become the go-to marketplace for many Nigerians following closure of physical stores by the Federal Government after adopting lockdown to curb the spread of the virus. Buyers had migrated online to make purchases of goods for home delivery due to restriction of movements.

Jumia's Shocking Revelation

The migration was projected to result....

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