14 August 2020
Pure play retailer Jumia has reported second quarter results, with gross merchandise volume (GMV) showing a 13.2% fall to €228m. As the retailer pushes for profitability, it highlighted how during the quarter its operating loss had also fallen, by 44% year-over-year, while its gross profit increased year-over-year, by 38%, to €23.3m.
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