INCUBATE AFRICA | Crunching the African Technology space
November 21, 2024
Entrepreneurs Startups

Jumia Market is reportedly Shutting down

  • August 3, 2017
  • 1 min read
Jumia Market is reportedly Shutting down

The Developing story at Jumia Market formerly Kaymu is not so encouradging for some personell who depend on that for a living, Yesterday Techpoint reported theat it saw Jumia’s staff being layed off work, Jumia a company with 70 strong staff is barely left now with 15 staff and perhaps maybe less as we announce this morning.

Well 2017 hasn’t been a great year for the Jumia Group as one of the companies that has investemnts in AIG started going down a ditch resulting to major losses back in April.

Could this be another giant going down the Ditch?  The company has’t provided a report on what is to happen or has happened.

 

About Author

Incubate Africa

Incubate Africa, founded on June 5, 2016, is a Tech company based and Founded in Africa with the main focus of showcasing African developed technology to the rest of the world. We strongly believe in what Africa has to offer the world. #Revolutionizing the startup culture

2 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copy link
Powered by Social Snap