This episode is also available on YouTube - https://youtu.be/M_7WVjRmTMw
Today on the Techpoint Africa Podcast, Emmanuel and Chimgozirim discuss the recent happenings at African eCommerce giant, Jumia. The company announced potential layoffs, and the suspension of several products to help it reach profitability.
Senior Reporter, Chimgozirim, shares insights into the moves made by the company to attain profitability, while suggesting viable solutions to their continued losses.
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00:00 - Intro
00:33 - Gist on Jumia
04:09 - Why is Jumia making losses?
06:53 - Is scrapping these products the way to go?
10:12 - Who's getting laid off?
11:07 - What next for Jumia?
12:11 - The evolution of eCommerce business models in Africa
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