![]() Revenue grew from 94.0 million Euro in 2017 to 130.6 million Euro in 2018. It has also posted material revenue growth in recent years. Akin to many tech, and tech-enabled companies today, Jumia loses lots of money. While Jumia has built something large and interesting, it hasn’t yet figured out how to make money. It’s a vertically-integrated player then, providing a marketplace for goods to be sold, payment services to help those goods sell, and logistics and delivery options as well to help the goods arrive. It operates its own online payment tech (JumiaPay), and also provides logistical services (Jumia Logistics), and even its “own last-mile fleet.” Jumia’s market opportunity is therefore massive, and being the leading player, even in its own view, is notable.Īccording to its SEC filings, Jumia operates in 14 African countries today that account “for 72% of Africa’s GDP.” So while the firm isn’t operating in every country on the continent, it’s certainly working where there’s likely the highest demand for ecommcerce.Īs a company, Jumia does more than just ecommerce. Jumia calls itself the “leading pan-African e-commerce platform.” As a continent, Africa is about 24 percent larger than North America, with more than twice the people. Use code “TCARTICLE” at checkout to get 20 percent off tickets right here.At the upper end of its range, the firm would command a valuation of around $1.2 billion. Each session also has audience participation built-in – there’s ample time included for audience questions and discussion. ![]() We’ll cover every aspect of company-building: Fundraising, recruiting, sales, product market fit, PR, marketing and brand building. You’ll hear first-hand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. “We have quite a lot of confidence that even at this sort of individual atomic level, we built something pretty joyful and helpful.”Įarly Stage is the premier ‘how-to’ event for startup entrepreneurs and investors. “If you anticipate rolling this out to larger organizations, you would want the people that are using the software to have a blast with it,” he says. As the team hopes to make the tool essential to startups, Kanevski sees the app’s hefty utility for individual users as a clear asset in scaling up. Things look more customized for enterprise-wide pricing. The company offers a free tier for users indexing up to five apps and creating 10 commands and spaces any more than that and you level up into a $12 per month paid plan. “You won’t see us, for example, building document editing, you won’t see us building project management, just because our sort of philosophy is that we’re a neutral platform.” “We’re not trying to displace the applications that you connect to Slapdash,” he says. ![]() While most of the integration-heavy software suites to emerge during the remote work boom have focused on promoting visibility or re-skinning workflows across the tangled weave of SaaS apps, Slapdash founder Ivan Kanevski hopes that the company’s efforts to engineer a quicker path to information will push tech workers to integrate another tool into their workflow. ![]() Slapdash is aiming to carve a new niche out for itself among workplace software tools, pushing a desire for peak performance to the forefront with a product that shaves seconds off each instance where a user needs to find data hosted in a cloud app or carry out an action. ![]() It’s all time that users can take for granted, even when carrying out common tasks like navigating to the calendar to view more info to click a link to open the browser to redirect to the native app to open a Zoom call. But learning to use a dozen new programs while having to decipher which data is hosted where can sometimes seem to have an adverse effect on worker productivity. The explosion in productivity software amid a broader remote work boom has been one of the pandemic’s clearest tech impacts. ![]()
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