On Wednesday 29th of June 2022, Jumia Nigeria, one of the top e-commerce companies in Nigeria, celebrated its ten years of operation with an anniversary luncheon. The Eko Hotels & Suites in Lagos hosted the event, which was attended by important members of the Jumia fraternity, including partners, customers, sellers, and the Jumia community.
With the anniversary’s “10 years together” theme, Jumia Nigeria had the chance to host and honour its important stakeholders for their contributions to the development of Nigeria’s e-commerce sector over the previous ten years.
A documentary that documented the rich history and expansive ambition of the company from its origins transported the audience back in time.
Jumia Nigeria panel discussion
Additionally, three-panel discussions with representatives from both sellers and partners companies were held. The progress of payment systems was discussed, along with the future of Nigeria’s retail industry and the country’s logistics sector.
“It is a tremendous pleasure to be celebrating our first 10-year anniversary today, and I am really proud and emotional of what we did together,” said Massimiliano Spalazzi, CEO of Jumia Nigeria, in his opening statement. The number one company value at Jumia is “to improve people’s lives through the internet and enable our partners, vendors, and logistics agencies to do better and do more business together with customers” still stands today. We started from a small house in Lekki, Nigeria, and at the time, we had no idea what would happen next.
Contribution by stakeholders of Jumia Nigeria
“With the help of our clients and staff, we have produced something that we are quite proud of. We look forward with confidence to the next ten years. We want to pay increasing attention to consumer requirements and make sure we’re adjusting to market demands,” he continued.
Additionally, five stakeholders who have contributed significantly to Jumia’s expansion and success in Nigeria received appreciation awards for their hard work and constant support.
Advertiser of the Year, Top Logistics Partner, Most Collaborative Partner, Longest-Serving Vendor, and Best Food Partner, are a few of the categories. As part of Fédération Internationale de l’Automobile’s Safe and Affordable Helmet Program, Jumia Delivery Associates (riders) in Nigeria received more than 2,000 motorcycle helmets as part of the event’s conclusion (FIA).
Keynote address by Almona
In her keynote address, Dr. Chinyere Almona, Director-General, Lagos Chamber of Commerce and Industry, discussed Jumia’s contributions to the growth of e-commerce and the Nigerian economy.
She said, “It is great news today that the arrival of Jumia into Nigeria ten years ago revolutionised and popularised e-commerce in Nigeria. Jumia’s success, which is based on the principles of quality service delivery and value for money, has given the firm a leading position and established it as a benchmark in the sector.
Impact on Nigeria
Your influence on the Nigerian economy is wide-ranging and significant. Jumia is not only the biggest e-commerce site in Nigeria but also the most cutting-edge, offering thousands of businesses the chance to trade with millions of African consumers. I’ll end by wishing you a prosperous next 10 years.
Speaking as well, Jeremy Hodara, co-CEO, and co-founder of Jumia noted that Nigeria has always held a special position in the company’s operations since it is where we got our start and we always believed that if we could succeed here, we could succeed anywhere in Africa, which has shown to be true.
Jeremy Hodara speaks about Jumia Nigeria
We don’t take our current situation for granted in light of that. Ten years ago, no one thought that e-commerce could succeed, but today we are, and at Jumia we have always been pleased that we are a marketplace. We work with partners rather than doing everything on our own, and we are proud not only of Jumia but also of Nigeria’s entire e-commerce ecosystem.
Jumia has worked with both foreign and local brands during the course of its ten-year journey in Nigeria, giving Nigerian customers thousands of products. It is still clear how Jumia has impacted local communities, female entrepreneurs, young people, and the economy.
Jumia Nigeria’s market reach is huge
With more than 10,000 independent sales agents, 1,000 employees, and more than 350 3PL partners, the company has been a significant direct and indirect employer of labour in the nation. Since more than 40% of its workers are women and more than 50% of Jumia sellers are women, the company is deeply committed to empowering women and reducing the gender gap through e-commerce.