Site icon Incubate Africa

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.

 

Exit mobile version