Jumia to Drive Growth With Jumia Pay

  • Jumia to Drive Growth With Jumia Pay

Jumia Group, Africa’s leading e-commerce company, has announced that it would leverage on Jumia Pay growing popularity to drive growth in Nigeria.

Jeremy Hodara, the company’s co-CEO and Co-Founder, said the company plans to record reasonable growth and profitability in 2020 by capitalising on Jumia Pay growing users.

Hodara also announced the replacement of Juliet Anammah, the Chief Executive Officer, Jumia Nigeria. Massimiliano Spalazzi, the New CEO will replace Anammah.

Commenting on some of the challenges faced in 2019, Hodara said: “We tried many opportunities and strategies. We take a lot of time to invest in lot of things we do. Challenges are the ability to grow new talents and sustain the business.

“Jumia is not positioned to be the only e-commerce company but to be the best in the space. Jumia is pledging to continuously improve so as to satisfy our customers and explore the e-commerce potential. We are here to stay,” he said.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]

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