Report reaching us states that Jumia Market, formerly Kaymu, is laying off staff and also shutting down operations.
The extension of the Jumia brand, which is about 70 staff strong, is currently left with about 15 staff. From all indications, the engineering team may be the only remaining staff as works are ongoing to reroute traffic to Jumia’s main site.
We have reached out to people at Jumia Market for a fuller angle on the story. But as it is, many declined to speak as they were affected by the layoff.
This is a developing story and we will keep updating as more information surfaces.