About Jumia
Jumia is a company based in Algeria founded in 2012.. Jumia has raised $593 million across 8 funding rounds from investors including MTN, Mastercard and AXA. The company has 2,160 employees as of December 31, 2024. Jumia offers products and services including Jumia Marketplace and Jumia Logistics.
- Headquarter Algeria
- Employees 2160 as on 31 Dec, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jumia Technologies Ag Sponsored Adr
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Annual Revenue
$167.49 M-10.15as on Dec 31, 2024
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Net Profit
$-99.09 M4.87as on Dec 31, 2024
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EBITDA
$-58.23 M8.65as on Dec 31, 2024
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Total Equity Funding
$593 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
MTN
& 10 more
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Employee Count
2160
as on Dec 31, 2024
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IPO & Listings of Jumia
Jumia is a publicly listed company on the NYSE with ticker symbol JMIA in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Jumia
Jumia offers a comprehensive portfolio of products and services, including Jumia Marketplace and Jumia Logistics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A marketplace is provided for connecting thousands of sellers to millions of consumers across various categories
Logistics services are offered to facilitate the delivery of goods in a convenient and reliable manner
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Funding Insights of Jumia
Jumia has successfully raised a total of $593M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Last Round
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Post-IPO - Jumia | Valuation |
investors |
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| Mar, 2019 | Amount | Series D - Jumia | Valuation | British International Investment | |
| Dec, 2018 | Amount | Series D - Jumia | Valuation | Pernod Ricard |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Jumia
Jumia has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include MTN, Mastercard and AXA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location | |
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Global investments in internet and technology startups are facilitated.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Jumia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Jumia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jumia Comparisons
Competitors of Jumia
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Jumia
Frequently Asked Questions about Jumia
When was Jumia founded?
Jumia was founded in 2012.
Where is Jumia located?
Jumia is headquartered in Algeria.
Is Jumia a funded company?
Jumia is a funded company, having raised a total of $593M across 8 funding rounds to date.
How many employees does Jumia have?
As of Dec 31, 2024, the latest employee count at Jumia is 2,160.
What is the annual revenue of Jumia?
Annual revenue of Jumia is $167.49M as on Dec 31, 2024.
What does Jumia do?
Founded in 2012 in Algeria, an online marketplace is operated for e-commerce activities. Products across categories such as electronics, healthcare, beauty, sports, and garden accessories are listed in the catalog. A mobile application is supported for Android and iOS devices to facilitate user access. Operations are centered on multi-sector retail distribution in the region.
What products or services does Jumia offer?
Jumia offers Jumia Marketplace and Jumia Logistics.
Is Jumia publicly traded?
Yes, Jumia is publicly traded on NYSE under the ticker symbol JMIA.
Who are Jumia's investors?
Jumia has 11 investors. Key investors include MTN, Mastercard, AXA, Goldman Sachs, and Pernod Ricard.
What is Jumia's ticker symbol?
The ticker symbol of Jumia is JMIA on NYSE.