Annual net revenue of Jumia Technologies AG 2017-2019

In 2019, Nigerian e-commerce platform Jumia generated 160.4 million euros in revenues, translating to approximately 181.6 million U.S. dollars. This result represents an improvement from the 129.1 million euros in 2018 revenues.

Annual net revenue of Jumia Technologies AG from 2017 to 2019

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Source

Release date

February 2020

Region

Africa

Survey time period

2017 to 2019

Supplementary notes

2018 periods have been restated to reflect the impact of the reclassification of certain types of vouchers, consumer and partner incentives from Sales & Advertising expense to Revenue. This reclassification amounted to €0.5 million in the fourth quarter 2018 and €1.5 million for the full year 2018. The cumulative effect for the nine months ended September 30, 2019 was included in the results for the three months ended September 30, 2019. Reclassification details have been provided in our report on third quarter results, dated November 12, 2019.

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