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Jumia reports significant revenue growth and reduced cash burn, aiming for profitability by Q4 2026.
Jumia, an Africa-focused e-commerce platform, reported a 25% revenue increase to $45.6 million in the second quarter of 2025, with orders up 18% and active customers up 13% year-over-year.
The company's cash burn reduced to $12.4 million, down from $23.2 million in the first quarter.
Jumia aims to achieve profitability by the fourth quarter of 2026 and full-year profitability in 2027.
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Jumia informa un crecimiento significativo de los ingresos y una reducción de la quema de efectivo, con el objetivo de obtener rentabilidad para el cuarto trimestre de 2026.