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Sezzle Inc. (ASX: Sezzle or Company) // – Market America Worldwide, a global product brokerage and internet marketing company and owner of global and award-winning e-commerce site SHOP.COM, has announced its partnership with Sezzle, a financial technology company and highest-rated buy now, pay later online payment provider. Ranked #19 in Newsweek's Best U.S. Online Shops for 2021 and #79 in Digital Commerce 360's Top 500 and Top 1,000 Global Online Retailers for 2021, Market America Worldwide | SHOP.COM forged this partnership with Sezzle to provide its global independent distributors (k...

year-over-year LAGOS, Nigeria–(BUSINESS WIRE)–Jumia Technologies AG (NYSE: JMIA) (“Jumia” or the “Company”) announced today its financial results for the fourth quarter and full-year ended December 31, 2020. Results highlights for the fourth quarter 2020 GMV was €231.1 million, a quarter-on-quarter acceleration of 23% supported by the Black Fridays event in November 2020. GMV was down 21% year-over-year, as the effects of the business mix rebalancing initiated late 2019 continued playing out during the fourth quarter of 2020 Gross profit reached €27.9 million, a year-over-ye...

Adjusted EBITDA loss decreased by 47.1% A decrease in average loss per order Transactions on JumiaPay, increased by 26.1% and 58% more costumers used the payment service for purchases on the platform. The not so good: Jumia’s financial report looks encouraging, until you compare it with its financial report for 2019. Annual Active Consumers (People who placed orders regardless of cancellation or returns) increased by 12%. In 2019, annual active consumers grew by 54%. Orders on Jumia dropped by 3% compared to a 54% growth in 2019. Revenue declined 12% compared to a 70% increase in gross prof...

The Sezzle Inc(ASX: SZL) share price is trading lower on Friday following the release of its fourth quarter update. In afternoon trade, the buy now pay later provider’s shares are down 2% to $8.12. How did Sezzle perform in the fourth quarter? For the three months ended 31 December, Sezzle reported a 205.4% increase in underlying merchant sales (UMS) to US$320.8 million ($419.8 million). This was also a 40.6% quarter on quarter increase. This meant that at the end of the period, Sezzle’s annualised run rate UMS reached US$1.36 billion. According to the release, this strong growth was dri...