Jumia Technologies AG JMIA

What this company does

Jumia operates a platform consisting of a marketplace that connects sellers with customers, a logistics service that enables the shipment and delivery of packages from sellers to customers, and payment gateways that, together with a network of licensed payment service providers and other partners, facilitate transactions among participants active on the platform in selected markets. As of December 31, 2025, the company was active in nine countries in Africa that together accounted for approximately 51% of Africa's GDP of $3.1 trillion as of 2025, according to estimates by the International Monetary Fund. The company's headquarters are located at Skalitzer Straße 104, 10997 Berlin, Germany, under a month-to-month lease. Local sellers accounted for 75% of the company's sellers in 2025, while the remaining 25% were international sellers primarily based in Asia. As of December 31, 2025, the Jumia Logistics platform consisted of 230 logistics partners, approximately 120,000 square meters of warehousing space, almost 563 drop-off stations for sellers and almost 2,422 pick-up stations for customers. The company secured payment service licenses in Egypt, Nigeria and Kenya, allowing it to offer payment processing services on its platform in those countries.

Written from the business description in Jumia Technologies AG's annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.