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Jumia co-founders step down from African ecommerce platform

Jumia Technologies AG founders Sacha Poignonnec and Jeremy Hodara both quit as co-heads of the Africa-focused online retailer. The retailer has struggled with persistent losses since a high-profile New York listing. Poignonnec and Hodara, former colleagues at McKinsey & Co., founded Jumia in Lagos, Nigeria, in 2012 as a way to introduce ecommerce to Nigeria […]

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