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👨🏿‍🚀TechCabal Daily - Jumia's 2022 losses

Published: February 17, 2023

In 2022, Jumia revealed it lost $207 million in 2022—$49.2 million in Q4 alone. The company also confirmed that it reduced its staff count in Dubai by 60%, and laid off 900 people in total in 2022. More in #TCDaily.

Source: techcabal.com

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