Jumia Nigeria said it has supported the growth of micro, small and medium enterprises (MSMEs) with the listing of 100,000 active merchants on its platform and granting local customers access to new services in Nigeria.
Marking its six anniversary celebration taking place throughout the month of July, the company said it aims at celebrating major milestones achieved over the period of its operations in Nigeria. These include the listing of over five million unique products on the platform.
Jumia Nigeria’s CEO, Juliet Anammah, said “Over the past six years, we have created a sustainable impact on the Nigerian economy, enabled access to new services on our platform, such as food ordering, hotel and flight booking, as well as finance solutions with Jumia Pay. We’re especially excited about these milestones; yet we’re challenged to do more and be more to our local vendors and customers.”
Reminiscing on the history of the company, Anammah noted that since inception in 2012 in Nigeria, “the company has now become Africa’s largest e-commerce platform selling goods and services to millions of customers. We have expanded from four to 14 countries, and our vendor network – from Lagos, Nigeria to Cairo, Egypt, and other African countries – has grown to 50,000 businesses offering their goods and services online.
“It is important that we give credit to our team of dedicated and hardworking staff. Our story today is incomplete without mentioning the real drivers of the business. So our anniversary this year is a celebration of the Jumia talents who have worked tirelessly over the years to grow the business into what it is today,” she added.
According to Boston Consulting Group research, just 0.5 per cent of all retail on the continent takes place online compared with about 15 per cent in China—home to Alibaba Group Holding Ltd. —and five per cent in India. But companies like Jumia are changing the economic landscape for many African entrepreneurs.
As part of the celebrations, Jumia has also launched an anniversary campaign titled, “Salebrate With Us”.
The goal of the campaign is to appreciate Jumia customers with over 1,000,000 exclusive deals, 500,000 free shopping vouchers, daily flash sales exclusive to Jumia app and free delivery on any item above N10,000 via Jumia Express in major cities (excluding large items). In addition, customers who make payments with Jumia’s secure payment platform ‘Jumia pay’ get five per cent discount off their shopping during the anniversary. The Jumia anniversary sales commences on July 16th till July 29th.
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