Jumia Technologies AG announced that a new AWS contract became effective on May 1, 2025. This renegotiated agreement is a key part of the company's long-term efficiency roadmap in technology.
The new contract is projected to drive improved efficiency in technology spend over the coming quarters. This initiative is crucial for ensuring that cost reductions do not constrain Jumia's growth while scaling its operations.
This strategic vendor agreement is expected to contribute to lower operational costs and improved margins, which are critical for Jumia's path to sustainable profitability. It reflects the company's rigorous focus on cost efficiencies.
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