Electronic commerce (eCommerce) platform, Jumia will be giving loans of various sizes to about 60 of its vendors, as part of process targeted at lifting the sub-sector in Nigeria.

Jumia Global Chief Executive Officer (CEO), Jeremy Hodara, who disclosed this, informed that the online shopping platform has 15, 000 vendors in the country.

Against the usual two weeks of Black Friday sales, Hodara informed that Jumia will be dedicating a month for this year’s promo sales, which start soonest.

The Global CEO, who informed that Nigeria remains the largest market among the 20 countries Jumia currently has its footprints across Africa, said from last year’s Black Friday, the firm had over eight million customers, who patronized the platform during the promo, “but this year, we are targeting doubling that figure. We started preparation for this year’s own since January and we are sure that we have the capacity to do this year’s promo for a month.”

According to him, the demand is still in Nigeria despite the various economic challenges. He stressed that the Nigerian economy has indeed been very tough in the last 18 months, which had thrown up lots of unpredictable behaviour from the consumers.

Hodara, who disclosed that despite Jumia celebrating five years in Nigeria, “we have not been profitable. Despite that, we are still investing in the business in various forms. Jumia is a Nigerian company that will be here for another 100 years. We are on the long term. Nigeria is our biggest market. We are not in a hurry to make profit.

It took Amazon about 25 years before they could become profitable. But we shall remain consistent, serving the Nigerian economy thoroughly.”

He listed professionalism; needs and impact; trustworthiness as some of the criteria that Jumia will be employing to disburse loans to selected vendors.


SOURCE: https://brandspurng.com/jumia-unveils-loans-for-vendors-to-boost-ecommerce-in-nigeria-plans-a-month-black-friday-promotion/

Na so dem dey talk

If True, I cant wait..

Please I don't know how to purchase things online

Please can someone give me some tips

Yeye black Friday. Enough of the lies Jumia, it won't take you guys anywhere. I'm not moved the wind of change that has blown over satellite TV will hit you guys soon..


Happy birthday to me

Good one, that's if it's true...

Rubbish black Friday where things are more expensive

Stressful Friday

Slight changes in price

Thank u for banking with us.

.

J

Proudly Jumia shopper...

As a vendor I can't wait for the Black Friday, I need a new car this Xmas, Jumia is the new drug money

Jumia has to do something fast about their Black Fridays Offers, they have lost their credibility over the years.

Jumia de try ooo am looking forward for when they will start matchmaking

Change don enter jumia oooo.

Black Friday is nt as it use to be .last year own was rubbish compare to last two years.

good for them but tell me why shipping fee is now N1000 and it is more expensive to collect my package at their pickup station.

All I am gladly waiting for this time around is the Jumia Black Friday Phones Prices. Let me see if it will be a hit or miss this time around.Their flash sales really happens in a flash, I wish to be a partaker this time.

love Jumia..my legoo kimkaa power now die..

Rich people thread.
I am out of here.
Wetin man go chop this morning sef

YOUR FACE WHEN YOU READ THIS REPORT AND YOUR BANK ACCOUNT IS FAT AND READY

YOUR FACE WHEN YOU READ THIS REPORT AND YOUR BANK ACCOUNT IS LEAN AND AS DRY AS SAHARA DESERT

eedriyz:
Rubbish black Friday where things are more expensive

I doubt if you know what "blackfriday" really means...

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We're waiting

adeniyi3971:
Yeye black Friday. Enough of the lies Jumia, it won't take you guys anywhere. I'm not moved the wind of change that has blown over satellite TV will hit you guys soon..


Happy birthday to me

Which wind of change is this one talking about. Are you still having fantasies over TSTV. You better wake up from your slumber

SOURCE: https://brandspurng.com/jumia-unveils-loans-for-vendors-to-boost-ecommerce-in-nigeria-plans-a-month-black-friday-promotion/[/quote]


Warehouse don full