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Nairaland Forum / Nairaland / General / Business / Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline (13527 Views)
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Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by fergie001: 6:48pm On Aug 06 |
Africa’s e-commerce group, Jumia, posted a $20.2 million operating loss in Q2 2024 amid a 17% decline in revenue. SOURCE 1 Like
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Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by bamitinn(m): 6:49pm On Aug 06 |
World is Bleeding ![]() ![]() ![]() 4 Likes 4 Shares |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Medipharm: 6:52pm On Aug 06 |
Bad economy....And bad managers 16 Likes 3 Shares |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by AqualinaXYZ: 6:52pm On Aug 06 |
Thunder fire Tinubu Useless man 86 Likes 4 Shares |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by sweetkev(m): 6:59pm On Aug 06 |
Na person wey chop belle full dey order things from jumia. When president Tinubu finish wiping all investors koboko with his bad policies, una go pack una load like others without looking back. ![]() 26 Likes 1 Share |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by ify2016: 6:59pm On Aug 06 |
Eya. Hope they are not trying to liquidate 2 Likes |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Gotocourt: 6:59pm On Aug 06 |
Tinubu just scatter our economy ![]() Tueh for Agbadorians The empire dynasty is collapsing.. So called structure of touts, agberos, bribery and Mu-Mu ticket will fall 2027 Tulumbu collecting woto woto, wity wity, wata wata 🔥💯 44 Likes 2 Shares |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by datola: 7:00pm On Aug 06 |
Jumia is still burning cash and not profitable after 12 year of operation. Pathetic! This report affects the whole group of countries and not only Nigeria. In fact Nigeria's performance is one of the best. E-commerce business in Africa is not for the faint hearted. Imagine incurring millions of Dollars in loss every month. Their investors are really strong and have strong faith in them. 20 Likes 4 Shares |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Michael547(m): 7:00pm On Aug 06 |
Wow |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by IamObidientBut: 7:00pm On Aug 06 |
The master strategist asked whether "na statistics we go chop?" ![]() ![]() 21 Likes 4 Shares
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Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by OkCornel(m): 7:00pm On Aug 06 |
Tinubu right now 5 Likes 2 Shares
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Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by femi4: 7:00pm On Aug 06 |
As expected |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by obinna58(m): 7:01pm On Aug 06 |
They’re always recording loss every year but it never stops them from going down Na format be this 7 Likes |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by TechCapon(m): 7:01pm On Aug 06 |
It's the same problem with dangote and other companies. They're actually seeing growth in sales but bad economy and devaluation of naira is wrecking havoc. Hopefully they won't collapse like konga 4 Likes |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Pootle: 7:01pm On Aug 06 |
ok |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by IamANigerianMan: 7:01pm On Aug 06 |
When these people were making profit nobody told us 4 Likes 1 Share |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Cj4charles(m): 7:02pm On Aug 06 |
Tinubu have killed the little joy of business thriving in Nigeria... It's a shame that his Zombie followers were deceived to believe that he had anything to offer 7 Likes 1 Share |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by TTPAAR(m): 7:02pm On Aug 06 |
Everywhere na jus loss loss loss 2 Likes |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by sevo(m): 7:03pm On Aug 06 |
nah peter obi cause am...make i help those useless bot post this sh..t first 5 Likes |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by olamilekan9(m): 7:03pm On Aug 06 |
TTPAAR:lol 😆 |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by JuanDeDios: 7:03pm On Aug 06 |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Gotocourt: 7:03pm On Aug 06 |
IamObidientBut: Very stupid man, very unfortunate. APC has crashed. He should just focus on restructuring 7 Likes 1 Share |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Cregon: 7:04pm On Aug 06 |
a |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by palpablegist: 7:05pm On Aug 06 |
Great performance Tinubu till 2056. Meanwhile, Emmanuella and SchoolBoy have exposed Denilson Igwe. Calling him a liar and a hypocrite SchoolBoy: "Denilson you are lying, you are lying to everybody all over social media. Show us the people that died because they offended or said something bad about Uncle Mark (Mark Angel). "I am the only boy in this house. The nanny who works in this house is a woman and she comes in the morning and leaves in the evening". https://www.youtube.com/watch?v=B5PmUiOsK28?si=9Y5LOar5iquin-Eo |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by kennyz247(m): 7:05pm On Aug 06 |
Tinubu and hm bad government don cast jumia too.. 2 Likes |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by dynicks(m): 7:05pm On Aug 06 |
The BULABA effect!!... 1 Like
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Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by badoh(m): 7:05pm On Aug 06 |
AqualinaXYZ:Seems you have mental challenge. Even if a company makes losses in other African countries, na Tinubu cause am. The power of Social media that is causing most of you to misyearn will put you in incarceration for those of you wishing for military govt. 3 Likes 1 Share |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Wizuman: 7:07pm On Aug 06 |
Eeya |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Tayorshd87: 7:07pm On Aug 06 |
A good market reform . Soon or later when d economy bounce back then profit will start rolling in again |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Tayorshd87: 7:07pm On Aug 06 |
badoh:Thank u my brother |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by ednut1(m): 7:07pm On Aug 06 |
Jumia has been making losses for over 10 years. Its time to close shop abeg 2 Likes |
Re: Jumia Records $20.2 million Operating Loss In Q2 2024 As Revenue Decline by Abagworo(m): 7:08pm On Aug 06 |
![]() ![]() ![]() ![]() ![]() Some leaders are usually lucky to come at a time of surplus while others are unfortunate. I feel for Tinubu |
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