Amazon Of Africa, Jumia Relocates Top Management From Dubai To Africa
Amazon Of Africa, Jumia Relocates Top Management From Dubai To Africa
非洲亚马逊，Jumia将高层管理人员从迪拜调至非洲
- 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.
- Jumia 科技股份公司 纽约证券交易所代码：JMIA）关闭了其在迪拜的办事处，并将高级管理人员迁移到他们控制的非洲国家，以减少亏损，并在公司创始人于11月辞职后重定向。
- Jumia代理负责人弗朗西斯·杜菲在接受彭博社采访时表示，经理们将调往所在地区的国家，其中大多数人将迁往摩洛哥、肯尼亚和科特迪瓦，并解散由60人组成的迪拜办事处。
- 在创始人萨莎·波伊格诺内克和杰里米·霍达拉于11月辞职之后，杜菲接任。
- 他表示正在努力削减成本，因为迪拜的租金上涨速度快于纽约或伦敦，并且对非洲市场上精通科技的年轻人群的反应也越来越快。
- Jumia于2019年在美国上市，投资者称赞其为 亚马逊公司 （纳斯达克股票代码：AMZN）的非洲。从那时起，Jumia一直在与持续亏损作斗争，其股价暴跌了68％。
- 该报告补充说，亚马逊希望在明年之前将其电子商务服务扩展到一些较大的非洲市场。
- 尽管如此，杜菲表示，该公司在非洲运营的十多年的经验使其比新的竞争对手更具优势。
- Dufay希望加倍投资Jumia的 “面包和黄油” 电子商务类别，包括时装、美容、消费电子产品和电器。
- 他计划暂停向除摩洛哥、尼日利亚和科特迪瓦以外的运营国家的第三方提供物流服务。
- 价格走势： 周一的最后一张支票中，JMIA股价上涨了1.26％，至4.81美元。
译文内容由第三方软件翻译。
以上内容仅用作资讯或教育之目的，不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
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