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holluwai:
$61 million dollars?

What’s the networth of the company as a whole?



I guess it’s jumia worldwide

Don't mind the stupid OP. Rocket Internet (parent company of jumia)is the company in question not just jumia

Unfortunately Nigerians do not read

Y is it that konga does not post real life products online.
I just wasted 9k buying two fake ass tshirts chinese fake ass name.name in front is diff from name at the tag..i mean inner tag behind the neck
Men im so disappointed
Everything in nigeria is a scam.
We can never change
And change is fsr from us.
This same shirts i know say i go see am like 3k gor hamburger.
Wtf

The real question is whether these figures represent Jumia worldwide or just Jumia Nigeria. I don't believe the use of such bogus figures without a proper context in the story. This is a poorly written report. Do you know what it means for a company to record that sort of loss in one single economy? They definitely have a different income statement for Nigeria.

hmmmmm

Check my signature to order your football jerseys and get FREE CUSTOMIZATION, YES you heard me right FREE CUSTOMIZATION

Running pay per click is actually the right approach. The problem is not optimising PPC campaigns.

CosmeticChemist:
They spend so much money on advertisement. Instead of Google's Pay per click, why not look for local website with heavy traffic that does flat rate advert for a month ?

Only Amazon and Alibaba seem to be getting it right because they have gone into production and not just as drop shippers.

More losses for online businesses.

How can they make loss of $61m in 6 months? Do they give dash anyone their goods? You pay for their products and wait weeks to get them with cash on delivery if not paid initially.

Jumia


Tha smartest.company in naija

Jumia makes billions monthly but will never declare profit..

Jumia on that donald trump shit
..uncle sam is a bit..ch

chibike69:
Aliexpress all the way

jumia can go to hell

Chibike! Chibike!! Chibike!!!

How many times do I have to call you?

rozayx5:
Jumia should just disband and leave Nigeria


Nigerians are no longer friendly with online shopping


too many bad stories

why buy something and wait days , when i can just get it same day from a store

and confirm if its ok

Wait days to get it from Nigeria online stores while you could get it within 24hours from USA,CHINA or UAE stores so i wonder why Nigerians are still patronizing these incompetent stores

JaffyJoe:


Exactly, for every 3 websites I log on, there's a Jumia ad lurking around somewhere.

Bro I tell u. At some points I began to think some sites offer free adverts to them. Virtually every site I visit on the internet I will see Jumia . Na so dem get money reach nii

Why won't they lose? When you order things online, their delivery guy's will be acting like they are part of jumia board members, they are the ones killing the business

onlyonechid84:
For Me konga has more customers and have better service

Sorry mate konga is in a bigger mess financially than Jumia is, and konga doesnt have up to 60% of customers jumia has not to talk on products.

gabicon:


Sorry mate konga is in a bigger mess financially than Jumia is, and konga doesnt have up to 60% of customers jumia has not to talk on products.

Exactly
Stupid clothes on Konga
D same tinz all over again
And even most products are out of stock
Jumia all d way

How, why, what and when; with all the margin on most items Jumia advertises..............maybe they need to reduce their overhead

the problem with these startups is the way the makert over valuates them even when they are yet to strengthen on the e-commerce eco system very much

jaybillionaire:


Bro I tell u. At some points I began to think some sites offer free adverts to them. Virtually every site I visit on the internet I will see Jumia . Na so dem get money reach nii

Lol, I wonder o. I didn't even derive satisfaction from the last two items I bought through them. They don't vent their third-party sellers thoroughly before accepting to process their wares.

ScotFree:
When every naija boy and girl is an importer now. Who needs Jumia.

Weda na one chain or flash drive you buy from aliexpress, you're an importer.

And if you work for Jumia, be proactive. Start sending out CVs again. Cutting down workforce is a classical response to loss of profit in any setup.

they tend to restructure every year, and I believe they are loosing talents without the knowing.

nototribalist:
Buhari is a failure. The only special one that brings recession whenever he's coming.

you be mumu, is Buhari the cause of this also? Learn

JaffyJoe:


Exactly, for every 3 websites I log on, there's a Jumia ad lurking around somewhere.

their remarketing is crazy, oncle you click one of their ad, it keeps following you like MTN, everywhere you go.

okerekeikpo:
Now wey I don begin sale on Jumia u people are now talking rubbish pls pay me my money o Jumia

How did you go about it

bettercreature:
Wait days to get it from Nigeria online stores while you could get it within 24hours from USA,CHINA or UAE stores so i wonder why Nigerians are still patronizing these incompetent stores

please how does one get this goods abroad and gets delivered within this time u stated

bettercreature:
Wait days to get it from Nigeria online stores while you could get it within 24hours from USA,CHINA or UAE stores so i wonder why Nigerians are still patronizing these incompetent stores

How can you get goods from USA under 24hrs

Jumia will definitely loose more if they continue with their horrible business practices. I placed an order for a standing fan from Jumia and they sent me a defective product. It took them three months to refund my money after series of phone calls and email. Never will I buy any product from Jumia again.

karlboss:

How can you get goods from USA under 24hrs

waley007:
please how does one get this goods abroad and gets delivered within this time u stated

You will order it online then the website will send it to your agent and your agent will send it to lagos airport,you will pick it up from there

hustla:



How did you go about it

it's very easy to join

Don't tell me no black November this year ooooo... I've drawn my budget already.

Opistorincos:
Aliexpress don kill their market

How do you get cheap shipping from Aliexpress.

Both Jumia Nigeria and Konga are making huge losses. They keep depending on funding from various sources.

It took Amazon over 10 years to make a profit. Ecommerce isn't as profitable as people think it is