{"id":2154,"date":"2021-10-27T15:43:22","date_gmt":"2021-10-27T14:43:22","guid":{"rendered":"https:\/\/mydailybells.com.ng\/businessbells\/?p=2154"},"modified":"2021-10-27T15:44:25","modified_gmt":"2021-10-27T14:44:25","slug":"jumia-launches-first-e-commerce-report","status":"publish","type":"post","link":"https:\/\/mydailybells.com.ng\/businessbells\/jumia-launches-first-e-commerce-report\/","title":{"rendered":"Jumia Launches First E-commerce Report"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong><span style=\"font-size: 18pt;\">\u00a0Africa\u2019s leading e-commerce platform, Jumia, has published its first Africa\u00a0 e-commerce report, Jumia Africa e-Commerce Index 2021 with a Nigerian section, which leveraged data from the company\u2019s platform to illustrate the importance of shopping online in a pandemic context.\u00a0<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">The shift to everyday products during COVID-19, is part of a broader economic transformation led by the continent\u2019s young, urban and tech savvy population.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">Groceries and everyday essentials were the best selling products on Jumia during the pandemic.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">The effects of the pandemic, combined with dedicated commercial and marketing efforts on the Jumia side, led to a shift in its product category mix with everyday product categories including Fashion, Beauty and FMCG categories accounting for c. 57% of GMV in 2020, up from 44% in 2019.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">Jumia Nigeria CEO, Massimiliano Spalazzi said: \u201cSince the COVID-19 outbreak, e-commerce has played an important role by supporting sellers, consumers and communities. Many businesses have joined\u00a0 Jumia to keep their business running and to grow. Consumers used \u00a0Jumia for their daily needs and seeked convenience and competitive prices on the platform too.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">E-commerce played an important role during the pandemic by providing solutions for both businesses and the communities they serve.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">\u00a0Jumia\u2019s partnerships with various brands and organizations have enabled SMEs to connect with millions of consumers online.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">According to the United Nations Conference on Trade and Development (UNCTAD), internet businesses in Africa, including e-commerce which sits at the heart of the digital economy, could add US $180 billion to the continent\u2019s GDP by 2025.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">\u00a0\u201cCOVID-19 led to a surge in the use of digital solutions, including e-commerce. This was particularly demonstrated with\u00a0 domestic sales rather than cross border e-commerce. Food delivery, essentials, and pharmaceutical goods were among the top performing online shopping categories,\u201d said Torbjorn Fredriksson, Head of E-commerce and Digital Economy, UNCTAD.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">Lagos city leads the list of cities with the most volume of orders on the Jumia logistics Network in Nigeria.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">Jumia Nigeria has more than 11,000 sellers, having achieved gender parity with 51% of sellers on the platform as women.\u00a0 81% of Nigerians shop online with their smartphones, with 19% access the online platform through desktops.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">The Director-General of the National Information Technology Development Agency, Inuwa Kashifu Abdullahi said; \u201cE-Commerce is critical to any digital economy because when you consume a service, you need to make a payment and you can only do that through e-commerce.&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">Many consumers turned to JumiaPay, the payment platform for the first time during the pandemic, mainly for safety reasons and for the enhanced services on the app like bill payments.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">The report was done in collaboration with UNCTAD, IFC, Mastercard and others partners, highlighting the impact of e-commerce on the African economy.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 18pt;\">The full report is available <a href=\"https:\/\/drive.google.com\/file\/d\/1W-dK5c9Y_owrNPdS09e9H254Jy83RlEM\/view?usp=sharing\">here<\/a><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; \u00a0Africa\u2019s leading e-commerce platform, Jumia, has published its first Africa\u00a0 e-commerce report, Jumia Africa e-Commerce Index 2021 with a Nigerian section, which leveraged data from the company\u2019s platform to illustrate the importance of shopping online in a pandemic context.\u00a0 &nbsp; The shift to everyday products during COVID-19, is part of a broader economic transformation [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":2155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[3,15],"tags":[1236,196,1037],"class_list":["post-2154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brands-and-marketing","category-business-news","tag-e-commerce-report","tag-jumia","tag-launch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin 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