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Jumia shuts down Tanzania unit, business says move was necessary

29, Nov 2019

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; line-height: 20.1px; font: 15.0px 'Microsoft Sans Serif'} Online Goods Platform JUMIA Has Shutdown It's Operations In Tanzania. This Comes Less Than Two Weeks After The Retailer Closed Shop In Cameroon On November 18. JUMIA, Which Has Been Dubbed “The Amazon Of Africa,” Said On Thursday It Had Shut Its E?Commerce Business In Tanzania In A Review Of Its Portfolio. Its Tanzanian E?Commerce Business Stopped On November 27, The Statement Said. JUMIA However Said It Would Continue To Service Vendors And Customers Via Its Classified Business. In Cameroon, JUMIA Did Not Publicly Announce Imminent Closure. The Move To Shut Down Took Many Customers And Local Staff By Surprise. The Company Said The Decision To Quit The Market Was Due To Unfavourable Conditions On Their Path To Achieve Success.

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