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Jumia Technologies AG American Depositary Shares (JMIA)

1.8150
-0.1650 (-8.33%)
NYSE · Last Trade: Apr 4th, 1:03 PM EDT
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Competitors to Jumia Technologies AG American Depositary Shares (JMIA)

Alibaba BABA -11.14%

Alibaba operates its e-commerce platforms that do compete with Jumia's offerings, particularly through its AliExpress service targeting international markets, including Africa. Alibaba's established supply chain and enormous selection of products give it leverage in terms of pricing and variety, making it a formidable competitor. However, Jumia's local knowledge and focus on the African market allow it to cater to specific consumer needs, giving it an advantage in customer satisfaction on the continent.

Amazon AMZN -2.53%

Jumia Technologies AG competes with Amazon primarily in the e-commerce market across Africa. Amazon's established infrastructure, extensive product range, and reliable logistics capabilities give it a significant edge over Jumia, which is still expanding its presence and building its logistics network. While Jumia focuses specifically on the African market and tailors its offering to local needs, Amazon's wide-ranging global reach and brand recognition provide it with a strong competitive advantage that Jumia has yet to match.

Konga

Konga is one of the leading e-commerce platforms in Nigeria and directly competes with Jumia for market share in the country. Both companies offer similar product categories including electronics, fashion, and groceries. Konga leverages local partnerships and focuses heavily on logistics within Nigeria, which allows it to provide competitive pricing and delivery options. However, Jumia's broader reach across multiple African countries may position it slightly ahead in terms of overall market presence.

Takealot

Takealot is a South African e-commerce giant that competes with Jumia, especially in South Africa. Takealot has built a strong brand and offers a wide range of products. Its focus on customer service and fast delivery gives it an edge in a key African market. While Jumia still competes by aiming to provide localized services across the continent, Takealot's focused approach within South Africa allows it to dominate that specific region.

Zalando

Zalando primarily operates in the European market, but with its ventures into fashion e-commerce, it creates indirect competition for Jumia. While they do not share the same geographical focus, as Zalando focuses on Europe, their competition arises in the realm of fashion and apparel. Zalando's established brand in fashion retail paired with Europe’s logistics efficiency provides it an advantage over Jumia when it seeks to expand fashion offerings.