Jumia Food Exits Nigeria, Other African Markets Over Profitability Concerns
In a move that sent shockwaves through the African e-commerce scene, Jumia, the continent’s leading online retailer, announced it will shutter its food delivery service, Jumia Food, by the end of December 2023. This sudden departure leaves a gaping hole in the burgeoning African food delivery market, raising questions about its future and the challenges…