Jumia eyes profitability after Q3 revenue jump
Today in Techpoint Digest, we discuss Jumia's profitability plans, a Vodacom-Starlink partnership, and IHS Towers $147 million profit.
Annyeonghaseyo,
Sarah here,
Here’s what I have for you today.
Jumia eyes profitability after revenue climbs 25% in Q3 2025
Vodacom Group and Starlink partner to expand broadband access across Africa
IHS Towers reports $147 million profit in Q3 after last year’s loss
Jumia eyes profitability after revenue climbs 25% in Q3 2025
E-commerce giant Jumia Technologies has reported a 25% year-on-year rise in Q3 2025 revenue to $45.6 million, marking what CEO Francis Dufay calls an “inflection point” in the company’s turnaround story.
Once plagued by high costs and declining customer activity, Jumia appears to be stabilising. The company’s operational loss fell 13% to $17.4 million, and active quarterly users reached 2.4 million, signalling renewed consumer confidence across its African markets.
Jumia’s first-party sales grew 54% to $23.8 million, quarterly active users grew to 2.4 million, and the value of total orders grew to $197.2 million.
After years of losses, Jumia’s Q3 performance suggests it may finally be building a path toward sustainable profitability. But the company still faces hurdles like competition from informal marketplaces, logistics costs, and currency instability across its key markets.
Related Story: Starlink gets one-month ultimatum in Ghana
Dufay remains optimistic: “We believe Jumia has reached an inflection point as our compelling value proposition and improved operational discipline position us for sustainable, profitable growth.”
Vodacom Group signs deal with Starlink
The telecom giant Vodacom has signed an agreement with Starlink to deliver high-speed, low-latency internet across African markets.
Join 30,000 other smart people like you
Get our fun 5-minute roundup of happenings in African and global tech, directly in your inbox every weekday, hours before everyone else.
Vodacom is aiming to bridge the digital divide in rural and hard-to-reach areas by integrating Starlink’s low-earth orbit (LEO) satellite technology into its network. The dea...
