Africa’s Amazon Targets 100 Years of E-Commerce Leadership
- Jumia looking beyond size to build a sustainable business
- JumiaPay accounts for over half of all payments on platform
A worker packages goods inside a Jumia Technologies AG distribution warehouse in Lagos.
Photographer: George Osodi/BloombergThis article is for subscribers only.
Jumia Technologies AG is focused on building a sustainable business in Africa’s e-commerce space over the next 100 years rather than only pursuing growth, an executive said.
“I don’t think we at Jumia are interested in size. That’s good for ego, but that’s not really useful,” Jumia co-Founder Jeremy Hodara said on Wednesday. “I think what we care about is to last very long as a successful business and to be here in 100 years,” he said.