Jumia narrows losses, cuts 7% staff as AI reshapes operations

E-commerce giant Jumia inches closer to profitability with narrowing losses and growing revenue in the third quarter of 2025. The gains come as the company deepened its use of artificial intelligence to streamline operations and cut operational costs.

Revenue rose 25.28% to $45.6 million in Q3, 2025, from $36.4 million a year earlier, according to its recent financial statements. For the…