Strong Growth in Physical Goods GMV
Physical goods GMV grew by 26% year-over-year in reported currency and 37% excluding corporate sales, reflecting strong consumer demand and order growth.
Revenue Increase
Revenue reached $45.6 million, up 25% year-over-year, driven by a combination of strong consumer demand and ongoing execution.
Improved Fulfillment Costs
Fulfillment cost per order decreased 22% year-over-year to $1.86, demonstrating structural efficiencies across the logistics network.
Significant Growth in Ghana
Ghana delivered outstanding performance with physical goods orders up 94% year-over-year and physical goods GMV increasing 157% in reported currency.
International Seller Partnerships
Sourced 3.4 million items from international sellers, representing a 52% year-over-year increase, enhancing product selection and competitive pricing.
Expansion into Secondary Cities
Orders from upcountry regions represented 60% of total volumes, up from 54% last year, unlocking growth opportunities beyond major urban centers.