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home / articles / JMIA - Jumia Technologies Narrows FY23 Adj. EBITDA Loss Outlook Thanks To Cost Savings: Details | Benzinga

JMIA - Jumia Technologies Narrows FY23 Adj. EBITDA Loss Outlook Thanks To Cost Savings: Details | Benzinga

Jumia Technologies AG American Depositary Shares each representing two

Jumia Technologies AG (NYSE: JMIA) reported a Q3 FY23 sales decline of 11.1% Y/Y to $44.9 million, missing the analyst consensus of $46.17 million.

Orders decreased by 23.2% Y/Y to 7.2 million, and quarterly active consumers fell 24.3% Y/Y to 2.3 million.

Total payment value (TPV) decreased 27.7% Y/Y to $48.1 million. The gross merchandise value (GMV) plunged 24.8% Y/Y to ...

Full story available on Benzinga.com
Stock Information
Company Name: Jumia Technologies AG American Depositary Shares each representing two
Stock Symbol: JMIA
Market: NYSE
Website: group.jumia.com
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