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Jumia Co-CEO on Africa's Untapped eCommerce Goldmine

Hosted by
Voices of Wall Street
Published on
January 7, 2021
Africa's e-commerce opportunity is enormous and largely untapped, with online sales making up less than 1% of retail sales in the region. Investors are taking notice and piling into shares of Jumia, the leading e-commerce platform in the continent. Jumia co-founder and co-CEO Sacha Poignonnec spoke with host of Voices of Wall Street Dion Rabouin about Jumia’s strategy to dominate e-commerce, expand deeper into fintech and build out food delivery services. Poignonnec also discusses profitability targets and his take on why Amazon and Alibaba have yet to encroach on his turf.
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