Consumer Internet

Jumia Technologies

Medium56% confidenceProfile verified Jul 27, 2026

Africa's leading pan-African e-commerce marketplace, listed on the NYSE, posting 39% year-over-year revenue growth to $50.6 million in Q1 2026 (GMV up 31% to $211.2 million, gross profit up 48%) as Nigeria overtook other African hubs to become its single largest market. Jumia has significantly expanded direct sourcing from Chinese and Turkish merchants (international seller volumes up 87%) and is targeting Adjusted EBITDA breakeven and positive cash flow by Q4 2026, with full-year profitability targeted for 2027.

Sources

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Evidence

1 source · 56% avg. source confidence

Dependency Map

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The Story So Far (last 6 months)

May 2026: Q1 2026: 39% revenue growthMay 2026: Jumia posts 39% revenue growth in Q1 2026, Nigeria becomes largest market

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

Jumia Technologies's Timeline

A sourced, dated history of Jumia Technologies's key moments — founding to present.

  1. Jan 2019 · NYSE listing

    Jumia became the first African tech unicorn to list on the NYSE.

  2. May 2026 · Q1 2026: 39% revenue growth

    Jumia posted 39% year-over-year revenue growth to $50.6 million in Q1 2026, with GMV up 31% to $211.2 million and gross profit up 48%, as Nigeria became its largest single market.