Tag: Jumia

Rocket Internet’s Jumia Launches in Senegal

Following its launches in Tanzania and Angola, Rocket Internet's online retailer JUMIA today launches in Senegal, the 12th country the e-commerce site is active in. In a statement, Patrick Farnole, Managing Director JUMIA Senegal said: “A new way of shopping was born in Senegal. Imagine a website where you can ...

Rocket Internet’s Jumia Launches in Angola

After launching in Tanzania last year December, and in Cameroon and Uganda, Rocket Internet-backed Jumia has today launched in Angola to fulfill its mission as Africa's 'Amazon.' This launch in Angola, makes JUMIA present in 11 countries in Africa. Christina Hawley, Managing Director for New Countries at JUMIA said: "Angola ...

Innjoo Launches first smartphone in Kenya

Innjoo is the latest smartphone to be launched in Kenya in the wake of a successful launch of Infinix Hot X507 selling exclusively on Jumia. The new phone will be available on Jumia following the e-commerce platform's agreement with Injoo. Jumia Kenya MD Parinaz Firozi announced that the new Innjoo Note will retail at ...

AB Kinnevik Confirms Rocket Internet IPO Plans

You've have been right all along, Rocket Internet has been raising cash to bolster its valuation and increase investor confidence before it's alleged initial public offering (IPO) to finance its future growth through the launch of new businesses and fuel its companies globally. Today, Investment AB Kinnevik has confirmed the rumours ...

Jumia unveils services in Cameroon

Jumia, one of Africa’s top e-commerce sites, has launched full-fledged e-retail services in Cameroon. This follows recent successful launches in Ghana and Uganda, thus taking the total number of African countries that have the online retailer active to nine. Cameroonians have a strong purchasing power and are more and more ...

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