Jumia Reports Fourth Quarter and Full Year 2020 Results

Significant progress towards profitability. Gross profit increased by 12% year-over-year. Gross Profit after Fulfillment expense reached a record €8.4mm. Adjusted EBITDA loss decreased by 47% year-over-year. LAGOS, Nigeria–(BUSINESS WIRE)–Jumia ...

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Significant progress towards profitability. Gross profit increased by 12% year-over-year. Gross Profit after Fulfillment expense reached a record €8.4mm. Adjusted EBITDA loss decreased by 47% year-over-year. LAGOS, Nigeria–(BUSINESS WIRE)–Jumia ... https://ift.tt/eA8V8J

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