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Jumia cuts Q2 deficit and attracts $50mn investment
Jumia narrows its operational deficit in Q2 2026, driven by a 28% surge in gross profit, while securing $50mn in fresh funding from global investors.
Lionel Mobi appointed as new CEO to lead Jumia Egypt’s growth
Jumia names veteran leader Lionel Mobi as CEO of Jumia Egypt to spearhead expansion, succeeding Abdellatif Olama and strengthening the brand's local...
