Jumia Group logo — 100% Africa 100% Internet - 
NYSE : JMIA

Jumia Group

100% Africa 100% Internet - NYSE : JMIA

Founded 2012 Nigeria Ikeja, Nigeria 11983 employees Post-IPO Secondary Total: $1.16B Consumer Goods, E-Commerce +2

General Information

Company Name Jumia Group
Founded Year 2012
Location Nigeria Ikeja, Nigeria
Employees 11983
Industries Consumer Goods, E-Commerce, Internet +1
Funding Stage Post-IPO Secondary
Social

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About Jumia Group

Jumia Group is a leading e-commerce platform in Africa, founded in 2012 and headquartered in Nigeria. With a slogan "100% Africa 100% Internet" and listed on NYSE : JMIA, Jumia operates around a marketplace, Jumia Logistics, and JumiaPay. The marketplace serves as a platform for millions of consumers and sellers to connect and transact, while Jumia Logistics handles the delivery of millions of packages through a network of local partners. Additionally, JumiaPay facilitates online transactions within the ecosystem.

With more than 5,000 employees across 10+ African countries, Jumia is committed to creating sustainable impact in the region. The company is focused on leveraging e-commerce to make people's lives easier, offering access to millions of products at the best prices and creating new opportunities for SMEs and job opportunities for the new generation.

The most recent investment in Jumia Group amounted to $341.20M in a Post-IPO Secondary investment on 30 March 2021. With such significant backing, Jumia presents unique opportunities in a vibrant and booming environment, contributing to the creation of new jobs, skills, and empowerment of the new generation.

Business keywords: technology, marketplace, online payments, African economy, job creation, SME growth, internet penetration, consumer goods, business expansion, talent development, sustainable impact, African companies

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Secondary $341.20M -
30 Mar 2021
Corporate Round $56.00M 1
Mastercard
02 Apr 2019
Venture Round $2.43M 1
British International Investment
01 Apr 2019
Corporate Round $84.40M -
18 Dec 2018
Secondary Market Undisclosed 1
Rahim Thawer
03 Mar 2017
Series C €360.00M 6
Goldman Sachs, Rocket Internet +4
03 Mar 2016
Series B $150.00M 8
Summit Partners, Goldman Sachs +6
26 Nov 2014
Series B €130.00M 3
Rocket Internet, MTN Group +1
01 Jan 2013
Series A €40.00M 3
Rocket Internet, Millicom (Tigo) +1
01 Jan 2012

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FAQ About Jumia Group

100% Africa 100% Internet - NYSE : JMIA
Jumia Group was founded in 2012.
Jumia Group is headquartered in Ikeja, Nigeria.
Jumia Group operates in Consumer Goods, E-Commerce, Internet and Retail. Its work centres on technology, marketplace, online payments and African economy.
Jumia Group has approximately 11983 employees.
Jumia Group has completed 9 funding rounds, raising a total of $1.16B. The latest funding stage is Post-IPO Secondary.
Top alternatives and competitors to Jumia Group include Jumia Maroc, Boomerang, Thriftify, Branded, Alisha Snacks Pvt Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Jumia Group and Jumia Maroc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Jumia Group, https://bouncewatch.com/company/jumia-group, updated 6 January 2025. When citing, please name BounceWatch and link this page.

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