African ecommerce marketplace for buyers and sellers, offering affordable products, convenient delivery, and secure payments
Jumia is the leading pan-African ecommerce platform, operating an online marketplace for buyers and sellers as well as logistics and payment services. Founded in 2012 by Rocket Internet, Jumia has rapidly grown to become the top shopping destination in Africa.
Jumia operates in 11 countries across Africa including Nigeria, Egypt, Morocco, Ivory Coast, Kenya and Tunisia. The platform offers everything from fashion and beauty products, home appliances, smartphones, groceries and more. Jumia provides access to both local products as well as international brands previously unavailable in many markets.
A key element of Jumia's value proposition is enabling affordable delivery through its Jumia Logistics service. By setting up a network of local partners as well as leveraging innovative distribution models like drop shipping, Jumia makes shipping accessible and cost-effective. Jumia also facilitates secure online payment through options like cash on delivery.
As of 2020, Jumia reported over 6.8 million active customers and close to $200 million in merchandise value transacted annually. The company went public in 2019 with a listing on the NYSE, making it the first African tech startup to list on a major global exchange.
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