Jumia Technologies AG

Jumia exits Algeria to sharpen focus on Nigeria, Egypt, cutting losses and driving growth, with a 2026 break‑even target and 2027 profit outlook.

Jumia Technologies AG is a German e-commerce company that has carved out a significant niche in the Internet & Catalog Retail industry, offering a comprehensive suite of services to a global clientele.

Jumia Technologies AG’s stock price surges amid reports of potential takeover interest from Axian Telecom and strategic expansion efforts in Egypt, positioning the company for a pivotal juncture in its growth trajectory.