Jumia S 2017 Financial Results Indicate Growth Year Over Year
There was also a significant increase in the number of orders on the marketplace platforms Year over Year growth of +94% in Q4 2017. This saw the GMV increase by 41.8 % year over year from 357.5 MEUR in 2016 to 507 MEUR in 2017, attributed to improved macro-economic conditions, as well as an increase in the number of active merchants as well as products and services available. Jumia is becoming more relevant and is increasingly addressing daily needs of consumers across its markets, resulting in a strong increase in the number of orders and growth of customer base....