Jumia to end operations in Rwanda as Jumia travel is no more in Nigeria
Jumia is Africa’s only disruptive online portal with a catalog of services in almost each and every wing a Netizen may prefer to dive into. While Jumia Market is the most popular service in key markets like Uganda. The service is nto perfoming well in its storng hold zones as the mother brand is done choking on losses.
Well, Jumia Rwanda now joins Tanzania in waving a Goodbye flag to all online shoppers in the region. According to New Times Rwanda through Tech Weez, Jumia sent out a message to its customers and here is a snippet of how ut read
We regret to inform you that Jumia will suspend our on-demand delivery operations in Rwanda on January 9th 2020Jumia Rwanda
Even though Jumia stated a mere suspension as its reason to wave a red flag in January next year, the state of Jumia group after its official listing onthe new york stock exhcnage is sidelined with low profitability against the brand’s plans
It’s due to the low profitability ratios that the group is aslwoly closing in countries where it feels bullish spikes have not been attracted to its overall operations
Suprisingly, Jumia group has also went on to shutdown Jumia Travel in Nigeria with a quick takeover by a company dubber “Travel Start” as reported by TechHawk
Luckily, affected employees acoording to Tech Weez will get job placments in TravelStart and their severance packages from Jumia travel fully paid to them as a vote of thanks for their services
As a clarification on the ongoing closure of Jumia in Rwanda and Nigeria, the former’s Managing director inked that the group’s struggle with profitability in different markets is the true reason behind the suspension of its services in major countries.