Jumia(JMIA) - 2024 Q1 - Earnings Call Transcript

Jumia Technologies AG (NYSE:JMIA) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Operator With that, I'll hand the call over to Francis. Jumia is off to a strong start of the year. After a transformational 2023, we have continued to work diligently to reduce costs and improve cash efficiency, while establishing a leaner and more agile organization primed for growth. Fulfillment expenses as a percentage of GMV improved from 6.8% in Q1 2023 to 5.2% this quarter, illustrating the importance of our log ...