Jumia, including the current funding round, has raised EUR 445 million (USD 555 million) in total. The e-tailer sells a range of products, from clothes, to electronics, cosmetics and even alcohol. It is active in nine African markets: Cameroon, Egypt, Ghana, Ivory Coast, Kenya, Morocco, Nigeria, Uganda, and Tanzania and also the UK.
Jumia offers cash-on-delivery for payments and has also developed an Android-based app for mobile purchases.
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