Jumia reports GMV growth in physical goods across five countries and lowest losses since IPO

November 15, 2023

In Q3 2023, Jumia reported its adjusted EBITDA loss at $15 million, marking the lowest since its IPO in 2019 (outperforming the $27 million recorded in Q1 and $19.3 million in Q2) and a substantial decrease of $32 million compared to Q3 2022. This represents a 67% year-over-year decline and a 70% reduction on a […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Go for launch: SpaceX receives regulatory green light for second Starship flight

November 15, 2023

Regulators have given SpaceX the green light to launch its super massive Starship rocket for a second time, just a few days shy of seven months after the first launch. SpaceX – which has been on standby for this final launch approval – will attempt the launch this Friday, November 17, from its sprawling facility […]

© 2023 TechCrunch. All rights reserved. For personal use only.