Jumia Group

company

About

Jumia Group is an e-commerce ecosystem that provides innovative, convenient, and affordable online goods and services to consumers.

  • 5001 - 10000

Details

Last Funding Type
Series B
Last Funding Money Raised
€130M
Industries
Consumer Goods,E-Commerce,Internet,Retail,Shopping
Founded date
Jan 1, 2012
Number Of Employee
5001 - 10000
Operating Status
Active

Jumia Group connects consumers and businesses across Africa and beyond. Through their online platforms, consumers can access a wide range of products and services, from basic consumer goods to online travel. Jumia Group helps them save time and save money. Businesses use Jumia in order to distribute their products and services in a more efficient and scalable way, and helps them grow their business and benefit from the massive shift of consumers to online.

Jumia Group aims to transform people's lives through technology. Jumia Group is embracing the digital shift of the entire African economy and supporting the growth of African companies while expanding their horizons. More than 50,000 local African companies and individuals have partnered with Jumia. Jumia Group is opening new opportunities for talented people by creating jobs and developing new skills in the continent. Jumia Group directly provide 3,000 jobs and many more through sellers and logistics partners. Jumia Group is committed to creating sustainable impact in Africa.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
€530M $150M
Jumia Group has raised a total of €530M $150M in funding over 2 rounds. Their latest funding was raised on Mar 3, 2016 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 3, 2016 Series C €360M 2 Rocket Internet
MTN Group
Detail
Nov 26, 2014 Series B $150M 2 Detail
Jan 1, 2013 Series B €130M 2 Detail
Jan 1, 2012 Series A €40M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
2
Jumia Group is funded by 2 investors. Rocket Internet and MTN Group are the most recent investors.
Investor Name Lead Investor Funding Round
Rocket Internet Yes Series C
MTN Group Yes Series C