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Jumia Nigeria Analysis: $593M Raised

What is Jumia Nigeria?

Jumia Nigeria is the largest online shopping website in Nigeria, offering a wide range of products from various categories. Their unique approach combines fast delivery, flexible payment options, and a commitment to quality, ensuring customers receive original products at competitive prices. This enables a seamless shopping experience for consumers across the country.
Location
14 Montgomery Road, Yaba, Lagos, Nigeria
Employees
1001-5000
Founded
2012
Industry
E-commerce, Marketplace, Logistics

Product Features & Capabilities

  • Online shopping for electronics, fashion, home goods
  • Fast delivery services including Jumia Express
  • Flexible payment options including cash on delivery
  • Access to exclusive brand products
  • Grocery shopping with a wide selection of items.

Use Cases

Shop for electronics and fashion items online; Order groceries for home delivery; Access exclusive deals on brand products; Utilize fast delivery services for urgent needs; Return items easily within a specified period.

How much Jumia Nigeria raised

Series D - $56M

March 29, 2019
Lead Investor: British International Investment, Mastercard

Series D - $326M

March 03, 2016
Lead Investor: MTN, Goldman Sachs, AXA, Rocket Internet

Series C - $150M

November 25, 2014
Lead Investor: Rocket Internet, Millicom, MTN

Series B - $35M

June 17, 2013
Lead Investor: Millicom

Series A - $26M

March 06, 2013
Lead Investor: Summit Partners
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Financial Overview

$593MTotal Raised
Post IPO
June 03, 2025
Investors: Not specified
Series D$56M
March 29, 2019
Investors: British International Investment, Mastercard
Series D
December 21, 2018
Investors: Pernod Ricard
Series D$326M
March 03, 2016
Investors: MTN, Goldman Sachs, AXA, Rocket Internet
Series C$150M
November 25, 2014
Investors: Rocket Internet, Millicom, MTN
Series B$35M
June 17, 2013
Investors: Millicom
Series A$26M
March 06, 2013
Investors: Summit Partners
Seed
October 09, 2012
Investors: JPMorgan Chase
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