Jumia says first-half 2026 operating loss narrows on usage growth, higher monetization, cost discipline
Reuters2026/08/12 10:47- In H1 2026, performance improved on higher usage, stronger monetization, cost discipline, and a shift toward higher-margin, lower-value categories.
- GMV rose 25% to USD 427.5 million; physical goods orders increased 27.8% to 12.1 million; annual active customers climbed 18.4% to 6.4 million.
- Operating loss narrowed 25.4% to USD 26.2 million; adjusted EBITDA loss improved 33.7% to USD 19.4 million.
- Marketplace revenue grew 41% to USD 55.9 million, helped by higher take rates, retail media growth, and warehousing fees tied to Chinese seller demand.
- First-party sales were pressured by supply disruptions in phones and higher-value electronics; fulfillment expense per order fell to USD 2.05.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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