The daisy chain of collapses the crypto industry has experienced has instilled a loss of confidence in the space and created many fewer options for crypto investors and businesses. I'm a Self-Made.
In 2022, Jumia revealed it lost $207 million in 2022 $49.2 million in Q4 alone. The company also confirmed that it reduced its staff count in Dubai by 60%, and laid off 900 people in total in 2022. More in #TCDaily.