#Overview of Preliminary Results
Jumia Technologies AG has released its preliminary key performance indicators (KPIs) for the two months ending November 30, 2025, showcasing robust year-over-year growth. The period included a highly anticipated Black Friday event, resulting in a surge in sales metrics across the platform.
#Sales Growth Highlights
During this reporting period, Jumia reported a 35% increase in gross merchandise volume (GMV) for physical goods compared to the same time last year. Excluding corporate sales, GMV rose even more dramatically, by 41% year-over-year. Total orders reached approximately 5.1 million, marking a 30% increase, with the Black Friday event contributing significantly—accounting for 63% of total orders.
#Regional Performance Analysis
Jumia’s operations in Nigeria showed particularly strong metrics, with physical goods orders increasing by 28% and GMV up by 45% compared to the previous year. Ghana also demonstrated significant performance improvement, boasting an 81% increase in orders and a remarkable 132% increase in GMV. Other markets, such as Ivory Coast, showed resilience with a 17% increase in orders and a 26% rise in GMV.
#Customer Engagement and Logistics
The number of quarterly active customers ordering physical goods rose 26% year-over-year, reaching 2.3 million. This increase reflects improved customer engagement strategies during the seasonal shopping rush. Jumia Logistics handled 7.2 million packages, marking a 28% increase from the prior year, supporting the growing order volumes efficiently.
#CEO Commentary and Future Expectations
Francis Dufay, Jumia’s CEO, expressed optimism regarding the company’s growth trajectory, citing the success of the Black Friday event as an indicator of both effective operations and consumer demand. He indicated that the company is focused on maintaining this momentum as it moves towards its profitability goals. Complete fourth-quarter financial results are scheduled for release in February 2026.
#Key Takeaways
- Jumia reported a 35% increase in GMV for physical goods in November 2025 compared to the previous year.
- The Black Friday event significantly contributed to total orders, accounting for 63% of the total.
- Nigeria's growth was notable, with GMV up by 45% and physical goods orders increasing by 28% year-over-year.
- The number of quarterly active customers rose by 26%, reaching 2.3 million.
- Full financial results for Q4 2025 are expected to be released in February 2026.
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