Less than a year after Rocket Internet's Africa Internet Group, AIG was collapsed into Jumia, the company has shut down Jumia Market, its merchant based marketplace formerly called Kaymu.

Sources close to Jumia said over 70 staff on the Jumia Market team were laid off with just about 15 people left in the team.

Jumia has not commented on the matter. However, the company is not likely to comment on the matter as it is major controlled from Berlin by Rocket Internet, its holding company which owns about 24% stake in the company.

Read more:https://pageone.ng/2017/08/02/rocket-internets-jumia-shuts-jumia-market/