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In this economy, you can find a lot of stores in closeout sales mode. Liquidation stores, which are also often referred to as bin stores, are a great way to get up to 90% off of certain merchandise.
Over the two-month period ending Nov. 30, Jumia's platform recorded 4.3 million adjusted orders -- up 18% compared to the prior-year period. Of those orders, 62% were placed during the company's ...
Deal-of-the-day (also called daily deal or flash sales or one deal a day) is an ecommerce business model in which a website offers a single product for sale for a period of 24 to 36 hours. Potential customers register as members of the deal-a-day websites and receive online offers and invitations by email or social networks .
Jumia's share price sank more than 50% in one week after the report was published. [74] Citigroup, one of Jumia’s IPO underwriters, released a report debunking most of Citron’s allegations but noted that, “Jumia could do more to provide disclosure on some aspects of its operations, as a matter of transparency and best practice.” [75] [76]
There are tons of deals to shop this week, including $230 off a cordless vacuum, a 65-inch Samsung TV for under $400, and a Drew Barrymore collection slow cooker for just $50.
Jumia Travel was founded in 2013 by the E-commerce platform Africa Internet Group (now Jumia Group) and is backed by MTN, Rocket Internet, Millicom, Orange, Axa and other financial partners. [11] Operations were started in 2013 in Nigeria and Kenya by company's co-founder Marek Zmysłowski [ 12 ] and Estelle Verdier. [ 13 ]