Jumia CEO sees ‘Inflection Point’ as Q3 revenue climbs 25% to $45.6 million

"We believe Jumia has reached an inflection point as our compelling value proposition, and improved operational discipline position us for sustainable, profitable growth,” said CEO Francis Dufay

Ahead of 2027 profitability target, Jumia’s revenue grows 25% in Q2 2025

“Our second quarter results reinforces our confidence in achieving full-year profitability in 2027,” said CEO Francis Dufay, who sounded quite confident.

Jumia expands delivery service to Nigeria ahead of 2027 profitability target

The initiative represents a strategic pivot for Jumia, following a period focused on cost optimisation.

Jumia stock rallies 20% on future profit hopes

Jumia’s stock rose 20% Friday after the company reaffirmed its path to profitability by 2027, even as losses widened and revenue fell in Q1 2025.

BREAKING: Jumia narrows losses to $16.5 million in Q1 ’25 as currency problems pressure revenues

"We believe to be on track for the fourth quarter of 2026, targeting full-year profitability on a loss before income tax basis in 2027," said optimistic CEO Francis Dufay

Jumia remains in the red in Q4 2024, despite years of cost cutting

Despite the bleeding results from all corners, Dufay's 2025 strategy is driving top-line growth and improving operational efficiencies.