JUMIA NAMED AMONG MIT TOP 50 SMARTEST COMPANIES 2017.
Each year, Massachusetts Institute of Technology (MIT) identifies top 50 global companies, both established and startups that are creating new opportunities using ingenious technologies to meet the needs of a demanding market worldwide.
Nairobi, Kenya – 5th July, 2017 – Jumia Group (formerly Africa Internet Group), has for the second consecutive year been named in the list of MIT’s 50 smartest companies – 2017. This year, Jumia ranks at position 44 as compared to 47 on the 2016 list, standing out as a company working to overcome the challenges of e-commerce in Africa. These include clogged roadways, skeptical consumers, and lack of internet penetration in some markets with an regional rate of only 27% among others.
“Jumia Group is once more proud for the recognition of our persistence in fully harnessing Africa’s untapped digital potential. We believe that through technological innovations, we drive our commitment to inject feasible solutions into Africa’s economy,” says Jumia Group’s co-founder Sacha Poignonnec.
The MIT Technology Review recognized Jumia as the continent’s first “unicorn” startup, valued at over USD1 billion. Now operating various consumer web services including Africa’s biggest online shopping mall ‘Jumia Mall’, as well as ‘Jumia Travel’ the leading travel agency in the continent, the group aims at unlocking the spending potential of an expanding middle class which accounts for every 1 out of 3 Africans. Other ventures under the group also continue to lead in their respective sectors such as food delivery, real estate, logistics, and cars among others.
Estelle Verdier, the COO & Co-founder of Jumia Travel expressed her excitement towards the recognition saying, “it is an assurance of our devotion to make the impossibilities in Africa, such as providing affordable travel now possible through technology.”
First published in 2010, the Massachusetts Institute of Technology’s Smartest Companies list of 2017 features other giant companies including Amazon, Alibaba, Facebook, Microsoft, SpaceX, and Kenya’s off-grid solar operator M-Kopa.
CREDIT: JOSEPHINE WAWIRA / GHANAMEDIAWORLD.COM
DISCLAIMER: “The views expressed in this article are the sole responsibility of the author and do not neccessarily reflect those of Ghana Media World. The contents of this article are of sole responsibility of the author(s). Ghana Media World will not be responsible or liable for any inaccurate or incorrect statements contained in this article.” © GHANAMEDIAWORLD.COM
HAVE A SAY. WHAT DO YOU THINK? DROP COMMENTS!
@ghanamediaworld on Twitter / lnstagram ghanamediaworld
Do you have a story for The Ghanameiaworld Online news team? Email us at email@example.com Or call us:
THE NEWS ITEMS ARE REAL AND WE ARE NOT FAKE MEDIA,WE ARE HERE FOR YOU BECAUSE OF TRUELY MEDIA. IF NOT BECAUSE OF YOU, WE CANNOT BE GHANA MEDIA WORLD. OR WHAT WE HAVE REACH TO BE NOW.WE PUBLISH WHAT IS TRUELY INSIDE THE MEDIA OF THE WORLD FROM JOURNALIST NEWS,MEDIA NEWS AND FROM THE PEOPLE WE GET THE REAL NEWS FROM AND TO GHANA MEDIA WORLD, WITHOUT HIDDEN THINGS FROM YOU AND FROM THE TRUTH THAT WE GET FROM MEDIA AND JOURNALIST.AND ALSO SOMEWHERE WE GET TO KNOWN.OUR MEDIA PAGE IS STILL NOT COMPLETED,THERE IS A LOTS TO BE DONE IN GHANA MEDIA WORLD PAGE.FOR THE MEAN TIME WE PUBLISHED NEWS,WE ADVERTISE FOR PEOPLE,ETC.LISTEN TO MANY RADIO STATIONS IN OUR PAGE BY CLICK.
READ MORE @ WWW.GHANAMEDIAWORLD.COM
CONTACT OF MEDIA AND ADVITISED IN OUR WEBPAGE ,IF YOU NEED PROFECTIONALS RADIO STATION LIVE STREAMING FOR BROADCASTING TOOLS PLUS WEBPAGE,DOMAIN,WE ARE NUMBER ONE PROFECTIONALS TO HELP YOU,FOR QUETIONS,DONATIONS,CONTACT OUR E-MAIL ADDRESS firstname.lastname@example.org
SHARE OUR PAGE AND LIKE US IN FACEBOOK,INSTAGRAM,WHATSAPP,PINTEREST,YOUTUBE,LINKEDIN.
WE ARE NUMBER ONE TRUELY MEDIA.