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Stock impact report

Jumia Takes More Actions to Support the Fight Against COVID-19

Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA) 
Company Research Source: Business Wire
Salary cut for the two co-CEOs and an intervention fund for essential staff are the latest actions taken LAGOS, Nigeria--(BUSINESS WIRE)--Africa’s leading e-commerce platform, Jumia, has announced a number of actions to support the fight against the COVID-19 pandemic.“The last few weeks have been unprecedented, with the COVID-19 crisis affecting the lives and livelihoods of millions of people. We have taken major actions for our team, consumers, partners and communities. These are also times of great solidarity at Jumia. We will come out of this strong both as a team and as a company,“ said Jeremy Hodara and Sacha Poignonnec, co-CEOs of Jumia.Jumia’s actions to support the fight against COVID-19 include:Health and safety measuresWe have implemented in our daily operations and delivery services increased hygiene & sanitary standards to ensure the safest experience for our team, partners and consumers. These include, but are not limited to, checking employees’ body temperatures, sani Show less Read more
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