News Column

Jumia Egypt Pumps USD2m fresh investments in Q4

August 19, 2014

Amwal Alghad

The fresh investments which will be pumped will focus on marketing Jumia 's trade mark in order to allure new categories of customers and develop one-stop-shope-commerce website that delivers their needs to their homes, Jumia seeks boosting the number of vehicles for transporting products with 100% for up to 60 cars instead of 30, said Tamer El Fiki Marketing Manager.

During the conference which has held on Monday, El Fiki explained that Jumia depends on Aramex, Mashaweer and FedEx firms to transporting products.

 He added that the fresh investments will increase the visitors of by 400% , the company is aiming doubling the investments three-fold.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: UMCI News

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters