Jumia Nigeria says it has listed over five million unique products as the e-commerce company marks six years of operations in the country.
Juliet Anammah, CEO, Jumia Nigeria, says that over 10,000 merchants are now active on its e-commerce platform “granting local customers access to new services in Nigeria” as the company marks the milestone this month of July.
Anammah says that Jumia Nigeria, which started operation in 2012 “has now become Africa’s largest e-commerce platform selling goods and services to millions of customers. We have expanded from four to 14 countries, and our vendor network – from Lagos, Nigeria to Cairo, Egypt, and other African countries – has grown to 50,000 businesses offering their goods and services online.”
Juliet Anammah, CEO, Jumia Nigeria, says that over 10,000 merchants are now active on its e-commerce platform “granting local customers access to new services in Nigeria” as the company marks the milestone this month of July.
The Jumia CEO cites a Boston Consulting Group research that found out that just 0.5% of all African retail takes place online compared with about 15% in China, home to Alibaba Group Holding Ltd., and 5% in India.
Anammah says that companies like Jumia are changing the economic landscape for many African entrepreneurs. “Over the past six years, we have created a sustainable impact on the Nigerian economy, enabled access to new services on our platform, such as food ordering, hotel and flight booking, as well as finance solutions with Jumia Pay. We’re especially excited about these milestones; yet we’re challegened to do more and be more to our local vendors and customers,” the Jumia Nigeria CEO adds.
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