Collapse of Afrimarket: “profits hit unprecedented levels in recent months”
Despite a promising track record, several funding rounds and better results in recent months, the West African e-commerce company has filed for bankruptcy.
Someone shares this article with you
▪ Collapse of Afrimarket: “profits hit unprecedented levels in recent months”
▪ Despite a promising track record, several funding rounds and better results in recent months, the West African e-commerce company has filed for bankruptcy.
▪ https://www.africabusinessplus.com/en/799054/collapse-of-afrimarket-profits-hit-unprecedented-levels-in-recent-months/
Several months after the stock market flotation of Jumia, a rival African e-commerce operator has recently collapsed. Afrimarket, set up in 2013 by Rania Belkahia and Jeremy Stoss, filed for bankruptcy with the Paris Commercial Court on 6 September.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Large-scale distribution
12/09/2019 at 15h55, by Africa Business+, updated 22/10/2019
Prosuma throws in the towel with Yaatoo, leaving the field free for Jumia
According to information obtained by Jeune Afrique Business+, the e-commerce site, owned by the Ivorian...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.