Jumia CEOs step down as firm suffers losses

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The founders and co-Chief Executive Officers of Jumia Technologies, Sacha Poignonnec and Jeremy Hodara, have both stepped down from their position with immediate effect. This is as the Africa-focused e-commerce group is struggling with persistent losses and a slumping share price, Bloomberg reported. According to a statement on Monday, Francis Dufay, who has held various Read More
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Source: Punch Newspaper