Jumia Technologies sees Q1 GMV growth 27%-32% year-over-year

The company said, “GMV is projected to grow between 27% and 32% year-over-year, adjusted for perimeter effects. We expect higher cash outflows in the first quarter, reflecting typical seasonality, and the timing of annual contract renewals for certain of our technology and insurance agreements. As part of ongoing operational optimization, we will exit Algeria in the first quarter of 2026 and expect to incur related one-time costs.”