Jumia Technologies AG (NYSE: JMIA) announced today its financial results for the quarter ended June 30, 2020.
Operating loss decreased by 44% year-over-year
Gross profit after Fulfillment expense reached a record €6.0 million
Results highlights
- Annual Active Consumers reached 6.8 million, a year-over-year increase of 40%.
- Orders reached 6.8 million, a year-over-year increase of 8%.
- GMV was €228 million, a year-over-year decrease of 13% compared to GMV1 in the second quarter of 2019.
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