Jumia Technologies AG (JMIA) said Monday it opened a new warehouse and logistics facility in Ghana, aiming to streamline its operations and support e-commerce services in the country.
The company said the 6,000-square-meter facility in Tema is expected to reduce delivery times, broaden product availability, and support the company's expansion in the African market.
Shares of the company were down 1.5% in recent trading.
Price: 3.71, Change: -0.11, Percent Change: -2.88
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments