Jumia has partnered with Spiro to launch a fleet of electric bikes to power deliveries in Uganda, within Kampala. The pilot program introduces e-bikes into Jumia’s logistics operations, replacing part of its existing fuel-based fleet. With hundreds of deliveries made daily across the city, this transition is expected to cut emissions, lower operational costs, and support greener urban mobility.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JMIA:
- Trump announces $15B libel suit against New York Times: Morning Buzz
- Trump announces $15 libel suit against New York Times: Morning Buzz
- Jumia Technologies upgraded to Outperform from Sector Perform at RBC Capital
- Jumia Technologies management to meet virtually with Seaport Research
- Largest borrow rate increases among liquid names
