INCUBATE AFRICACrunching the African Tech sapce
March 29, 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

Incuabte 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

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

Copy link
Powered by Social Snap