Who Is The Founder, Owner And CEO of Jumia

Who Is The Founder, Owner And CEO of Jumia
(Last Updated On: December 4, 2022)

We will be looking at the complete biography and net worth of the Founder, Owner, and CEO Of Jumia, and who he is. Welcome to the best and most dependable source for all your celebrity bios and background.

Who Is The Founder, Owner And CEO of Jumia

Jumia is an online marketplace that sells gadgets, clothes, and other products. Additionally, the company offers a logistics solution. This method allows for the dispatch and delivery of items from retailers to customers. Who founded the company? What have you ever contemplated? Continue reading if so. The Jumia founders and their respective fortunes will be covered in the text. But first, let’s take a look at some of the earlier activities.

Let’s update you on the complete biographies of well-known actors, politicians, comedians, comediennes, entrepreneurs, businesspeople, pastors, and more. This information includes their net worth, place of birth, date of birth, age, spouse, boyfriend or girlfriend, educational background, qualification, hometown, tribe, and religion. It also includes information about their parents and siblings.

Today, we’ll examine the life story and history of the founder of Jumia. Grab a drink of water, settle in, and take some time to read this well-written piece. However, because to several barriers and bridges between the data reviewers and the Celebrity, it is quite uncommon to obtain the whole data and background of every individual. You can add more details in the comment area below if you are familiar with Jeremy Hodara and Sacha Poignonnec’s whole biographies.

Who Is The Founder, Owner And CEO of Jumia

Founder Of Jumia Biography

He co-founded Jumia with Sacha Poignonnec in 2012, and he has served as its co-CEO ever since. Prior to launching the company, he worked at McKinsey & Company from 2006 to 2012, where he focused in retail and e-commerce consulting in France, India, and the USA. From the HEC School of Management in Paris, France, he received a Master’s degree in Business Management.

Jeremy Hodara was the company’s founder and managing director for both France and Africa before joining Rocket Internet as the country’s managing director. Jeremy Hodara worked for McKinsey in the US, France, and India. Additionally, he worked there for seven years. When he was there, he focused on retail and e-commerce. Jeremy holds a master’s degree in business administration.

The co-CEO and founder of Jumia at Jumia Group is Jeremy Hodara’s third current role. He started Africa Internet Holding and is also its managing director. is the Managing Director of the Africa Internet Group of Rocket Internet. The Massachusetts Institute of Technology’s 2017 list of the Smartest Companies includes Jumia as well. Only Jumia, which is ranked 47 on the list of MIT’s 50 best companies, is from Africa.

Founder, Owner And CEO Of Jumia Net Worth

The predicted average annual income, which includes base pay and bonuses, is $115,189, or $55 per hour, for Jumia. The projected median compensation is $114,429, or $55 per hour. Jumia has expanded its revenue streams in an effort to diversify its business strategy. First-party sales revenue, advertising, value-added services, and shipping expenses are a few of these. This came from 27.9 million orders.

Jumia offers a method of payment. And this makes it simpler for users of specific marketplaces to conduct business utilizing the Jumia platform. It also works with more than 50,000 local African businesses and individuals. In addition to Tunde Kehinde and Raphael Kofi Afaedor, former McKinsey consultants Jeremy Hodara and Sacha Poignonnec founded Jumia in 2012.

They first made it available in Lagos in 2012. It also spread to five other countries. Ivory Coast, Kenya, Egypt, Morocco, and South Africa are among the nations. The company opened branches in Tunisia, Tanzania, Ghana, Cameroon, Algeria, and Uganda in 2014, and by 2018, it has offices in 14 African countries.

However, Jumia has been working to establish itself as one of the leading e-commerce platforms in Egypt. In June 2013, Jumia launched Jumia Travel. Additionally, a website for reserving accommodations was unveiled. A platform for food delivery called Jumia Food was also created.

Who Is The Founder, Owner And CEO of Jumia

Jumia Founder Portfolio

Jeremy Hodara is the company’s founder and managing director for France and Africa at Rocket Internet GmbH. As a consultant for McKinsey, Jeremy Hodara worked in France, India, and the US. In addition to his current role, Senior Engagement Manager at McKinsey & Company, Jeremy Hodara has held four more positions.

For a total of seven years, he was employed there. He was investigating retail and e-commerce when he was there. Jeremy received his master’s in business administration from the University of Michigan.

In 2010, Hodara founded the Jumia Group, where he currently serves as Co-CEO and the brains of Jumia. He also founded Africa Internet Holding, where he currently serves as the company’s founder, CEO, and managing director for Rocket Internet’s Africa Internet Group.

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