Amazon Of Africa, Jumia Relocates Top Management From Dubai To Africa
Amazon Of Africa, Jumia Relocates Top Management From Dubai To Africa
非洲亞馬遜，Jumia 將高層管理人員從迪拜遷至非洲
- Jumia Technologies AG (NYSE:JMIA) shut down its office in Dubai and migrated senior management to the African countries they control to cut losses and redirect the company after its founders quit in November.
- Managers will move to countries in their region, with most relocating to Morocco, Kenya, and Ivory Coast, and disband the 60-person Dubai office, Jumia's acting head Francis Dufay said in a Bloomberg interview.
- Dufay took over after founders Sacha Poignonnec, and Jeremy Hodara quit in November.
- He voiced his efforts to cut costs as Dubai's rents rose faster than those in New York or London and became more responsive to the young, tech-savvy population in its African markets.
- Jumia went public in 2019 in the U.S., where investors hailed it as the Amazon.com Inc (NASDAQ:AMZN) of Africa. Since then, Jumia has battled with persistent losses, and its shares plunged 68%.
- The report added that Amazon looks to expand its e-commerce service into some of the larger African markets by next year.
- Still, Dufay said that the company's more than a decade of experience operating in Africa offered it an edge over new competitors.
- Dufay looked to double down on Jumia's "bread-and-butter" e-commerce categories, including fashion, beauty, consumer electronics, and appliances.
- He planned to pause the logistics services to third parties in its operating countries except for Morocco, Nigeria, and Ivory Coast.
- Price Action: JMIA shares traded higher by 1.26% at $4.81 on the last check Monday.
- Jumia Technologies AG (NYSE:JMIA) shut down its office in Dubai and migrated senior management to the African countries they control to cut losses and redirect the company after its founders quit in November.
- Managers will move to countries in their region, with most relocating to Morocco, Kenya, and Ivory Coast, and disband the 60-person Dubai office, Jumia's acting head Francis Dufay said in a Bloomberg interview.
- Dufay took over after founders Sacha Poignonnec, and Jeremy Hodara quit in November.
- He voiced his efforts to cut costs as Dubai's rents rose faster than those in New York or London and became more responsive to the young, tech-savvy population in its African markets.
- Jumia went public in 2019 in the U.S., where investors hailed it as the Amazon.com Inc (NASDAQ:AMZN) of Africa. Since then, Jumia has battled with persistent losses, and its shares plunged 68%.
- The report added that Amazon looks to expand its e-commerce service into some of the larger African markets by next year.
- Still, Dufay said that the company's more than a decade of experience operating in Africa offered it an edge over new competitors.
- Dufay looked to double down on Jumia's "bread-and-butter" e-commerce categories, including fashion, beauty, consumer electronics, and appliances.
- He planned to pause the logistics services to third parties in its operating countries except for Morocco, Nigeria, and Ivory Coast.
- Price Action: JMIA shares traded higher by 1.26% at $4.81 on the last check Monday.
- 巨米科技股份公司 (NYSE: JMIA) 關閉其在杜拜的辦事處，並將高級管理人員遷移到他們控制的非洲國家，以減少損失並在其創始人於 11 月退出後將公司重新定向公司。
- Jumia 代理負責人弗朗西斯·杜菲（Francis Dufay）在彭博採訪中表示，管理人員將遷往其所在地區的國家，大多數搬遷到摩洛哥，肯尼亞和象牙海岸，並解散了 60 人的迪拜辦事處。
- 杜菲接手後，創始人薩查 Poignonnec, 傑里米·霍達拉在十一月退出.
- 他表示，杜拜的租金上漲速度比紐約或倫敦的租金快，並且對非洲市場上年輕、精通科技的人口更加敏感，他表示自己努力降低成本。
- Jumia 於 2019 年在美國上市，投資者將其譽為 亚马逊公司 (納斯達克:AMZN) 非洲.從那時起，Jumia 遭受了持續損失，其股價暴跌了 68％。
- 該報告補充說，亞馬遜計劃在明年將其電子商務服務擴展到一些較大的非洲市場。
- 儘管如此，Dufay 表示，該公司在非洲擁有十多年的經驗，使其優於新競爭對手。
- Dufay 對 Jumia 的「麵包和黃油」電子商務類別進行了翻番調查，包括時尚，美容，消費電子產品和家電。
- 他計劃暫停物流服務的第三方在其運營國家除了摩洛哥, 尼日利亞, 和象牙海岸.
- 價格行動： 週一，JMIA 股票上漲了 1.26%，報 4.81 美元。
譯文內容由第三人軟體翻譯。
以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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我知道了
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