post=132460733:
Children of hate frustrations and perdition that don't want to hear or see any good news about our darling country will soon start wailing, shouting na lie.

They have promised their miserable and frustrated life to never read any good news concerning our darling naija.

Na dat bitterness and hatred go wound dem and every one on their family, no matter what part of the country they are from.

GOD BLESS NIGERIA 🇳🇬.

Slow and steady we will get to the nation of our dreams.

DeLaRue:


You assume that the South African and Tunisian economies are stronger than Nigeria's.

Most Nigerians underestimate Nigeria.

The future belongs to Nigeria. Foreigners know it, but Nigerians themselves don't.

By the way, in the last 10 years, South Africa's total combined economic growth rate is 1%. That means the economy has not grown at all in 10 years. Their economy is stagnant.

In the same 10 year period, Nigeria, despite all its challenges has grown by over 15%.

Nigeria - big, strong, and powerful.

TheStrongest:
The guys at Jumia are not just creative in terms of business. They're just pro tech guys, business-wise they're not creative at all..

Africa/Nigeria is an emerging market, many existing successful businesses outside Africa can be copied and replicated here. You'll get that initial buzz and the name, but only creativity will keep you in the market long-run.

Indians are doing the same, copying existing techs and replicating it for the Indian market.

We don't really have creative creators here, or the creative ones are yet to start up something.

Jumia is supposed to be a profitable business if done right. A simple introduction of ads for sellers would increase profit for the brand.

Merchant awareness is poor. Most small business owners don't know they can create a store and sell on Jumia, even the ones that knows don't know how.

A marketplace is not a build and forget business model, it requires constant innovation and creativity. You've copied the blueprint, then what next? How do you go from here?

See the likes of payporte, abeg, konga, where are they now? They just copied the blueprint and build it. But you can only copy what you see, the inner workings of the business you can't copy that. It is left for you to use your creative mind and go from there.

seanery:
WHERE THE MONEY IS

DeLaRue:


You assume that the South African and Tunisian economies are stronger than Nigeria's.

Most Nigerians underestimate Nigeria.

The future belongs to Nigeria. Foreigners know it, but Nigerians themselves don't.

By the way, in the last 10 years, South Africa's total combined economic growth rate is 1%. That means the economy has not grown at all in 10 years. Their economy is stagnant.

In the same 10 year period, Nigeria, despite all its challenges has grown by over 15%.

Nigeria - big, strong, and powerful.

dustmalik:
Only a fool doesn't know that Jumia is not even top five of the biggest online retailers in South Africa. They simply can't keep up with the competition.

KingCold:
Not according to GDP and GDP per capita which are stronger in SA

Harddiskng:
I would be surprised if they are making shi-shi in Nigeria.

I can remember one of my orders, I’m not even sure if i paid up to N500 for delivery. It was transported to about 3/4 touch points before getting to me, from one end of Lagos to another.

It really baffled me, not just the cost of transporting it, the cost of handling, sorting, tracking etc. I kept wondering to myself, shey this people would make any profit like this or nobody is paying attention to this their current supply chain system.

Harddiskng:
I would be surprised if they are making shi-shi in Nigeria.

I can remember one of my orders, I’m not even sure if i paid up to N500 for delivery. It was transported to about 3/4 touch points before getting to me, from one end of Lagos to another.

It really baffled me, not just the cost of transporting it, the cost of handling, sorting, tracking etc. I kept wondering to myself, shey this people would make any profit like this or nobody is paying attention to this their current supply chain system.

kettykin:
Jumia like Amazon is not supposed to be profitable. They should develop other strategy and streams of income like a cloud based business like aws. A streaming service etc. Warehousing and logistics business

motymop:


who told you that Amazon is not profitable

Jumia was created to be profitable but their business model had some flaws

they actually have been profitable before

you are right about diversification to other services, they did that before but lost lot of money

LegendHero:


What is the direct correlation between e-commerce and cloud service like AWS, Google Cloud, Azure, and etc?

By the way, what do you mean by “Amazon is not profitable”?

I am looking forward to a Naija e-commerce logistics service that will standardize using public transport as their courier service especially for parcel level deliveries. Insurance should be employed to improve the confidence of users and they should work with NURTW to make them a live logistics uber.

That will save lot of cost. You only need to care about the last mile

IyfeNamikaze:
You and the 7 idiots that liked your comment Reminds me why I should never spend more than 20 minutes on this site.
The level of dumbness here can be contagious.

LegendHero:


Both of them are profitable. E-commerce generated most of their revenue for North America than even AWS. But in terms of operating income, AWS is better.

Both segment are still profitable.

Don’t conflict Amazon USA with Amazon international.

Beremx:
They will soon leave Nigeria too. If they can't survive in South Africa and Tunisia, na T-Pain administration dem wan survive?

Inukwa akuko?

BigIyanga:

Story. 75% of Amazon’s income comes e-commerce .

Revealpanda:

Beer parlour analysis.

Graduate of Tiktok and YouTube shorts university

TheStrongest:
Oga Amazon e-commerce is profitable... It has been profitable for a long time.

steeltrust:
de play

The same Amazon I de work abi na the one for Pluto you de talk 😒

Amazon biggest and most profitable venture is the e-commerce

If you know how much Amazon makes a day from only one delivery station
You go know say that company no be beans

motymop:


have you ever run any business before?

Zooposki:


4% is profitable?

martineverest:
just imagine what Amazon worker is saying..it's a shame that u don't even know Ur company.
Majority of Amazon profits comes from AWS and advertising.theeir e-commerce became profitable after years of running at a loss

AWS is what is feeding Amazon e-commerce

Note: revenue isn't profit

LegendHero:


The e-commerce is making profit for them too. It was never running at a loss like you initially opined.

No need overstretching something that is self-evident that everyone with a smartphone can verify.

TheStrongest:
Everybody knows revenue is not profit.
Let me ask you this, where did Amazon get the money they used in setting up their cloud infrastructure? If you say investors, how would they convince the investors when they couldn't turn profit for 20 years?

Also, what made Jeff Bezoz a billionaire?

Y'all just read without understanding. Amazon e-commerce has been profitable for a long time. Maybe the profit margin is minimal because of the nature of the business, but it has been profitable.

Their cloud offerings has a lower running cost, that's why the profit margin there is higher.

It's like a business man that sells richarge card, the profit margin is very small. He needs to sell in large quantities to see huge gains. Now compare this to a car or phone dealer.

This is the same scenario playing out with Amazon.

LegendHero:


What is the direct correlation between e-commerce and cloud service like AWS, Google Cloud, Azure, and etc?

By the way, what do you mean by “Amazon is not profitable”?

I am looking forward to a Naija e-commerce logistics service that will standardize using public transport as their courier service especially for parcel level deliveries. Insurance should be employed to improve the confidence of users and they should work with NURTW to make them a live logistics uber.

That will save lot of cost. You only need to care about the last mile

LegendHero:


What is the direct correlation between e-commerce and cloud service like AWS, Google Cloud, Azure, and etc?

By the way, what do you mean by “Amazon is not profitable”?

I am looking forward to a Naija e-commerce logistics service that will standardize using public transport as their courier service especially for parcel level deliveries. Insurance should be employed to improve the confidence of users and they should work with NURTW to make them a live logistics uber.

That will save lot of cost. You only need to care about the last mile

Beremx:
They will soon leave Nigeria too. If they can't survive in South Africa and Tunisia, na T-Pain administration dem wan survive?

Inukwa akuko?

LegendHero:


What is the direct correlation between e-commerce and cloud service like AWS, Google Cloud, Azure, and etc?

By the way, what do you mean by “Amazon is not profitable”?

I am looking forward to a Naija e-commerce logistics service that will standardize using public transport as their courier service especially for parcel level deliveries. Insurance should be employed to improve the confidence of users and they should work with NURTW to make them a live logistics uber.

That will save lot of cost. You only need to care about the last mile