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JUMIA✪ Jumia reports Third Quarter 2021 results Exhibit 99.1 Accelerating usage growth Orders increased by 28 % year - over - year Annual Active Consumers increased by 8 % year - over - year GMV increased by 8 % year - over - year Lagos , November 16 , 2021 - Jumia Technologies AG ( NYSE : JMIA ) ( " Jumia " or the " Company " ) announced today its financial results for the third quarter ended September 30 , 2021 . Results highlights for the third quarter 2021 For the three months ended September 30 Constant As reported In USD million , except percentages Annual Active Consumers ( million ) 2020 2021 YOY Change As reported YOY currency 2020 2021 Change 6.7 7.3 8.1 % n.a. n.a. n.a. Orders ( million ) 6.6 8.5 28.0 % n.a. n.a. n.a. GMV 220.4 238.1 8.1 % 220.4 239.9 8.9 % TPV 56.0 64.5 15.1 % 56.0 65.8 17.4 % TPV as % of GMV 25.4 % 27.1 % 25.4 % 27.4 % Gross Profit 27.1 25.5 Fulfillment expense ( 19.4 ) ( 22.0 ) ( 5.7 ) % 13.3 % 27.1 ( 19.4 ) 25.7 ( 22.1 ) ( 5.1 ) % 13.6 % Gross Profit after Fulfillment expense 7.6 3.5 ( 54.0 ) % 7.6 3.6 ( 52.7 ) % Sales and Advertising expense ( 7.3 ) ( 24.0 ) 227.9 % ( 7.3 ) ( 24.0 ) 228.4 % Technology and Content expense ( 7.4 ) ( 9.4 ) 27.3 % ( 7.4 ) ( 9.4 ) 26.6 % G & A expense , excluding SBC ( 22.9 ) ( 25.2 ) 10.0 % ( 22.9 ) ( 24.9 ) 8.7 % Adjusted EBITDA Operating Loss ( 27.0 ) ( 52.5 ) ( 33.3 ) ( 64.0 ) 94.3 % ( 27.0 ) ( 52.0 ) 92.6 % 92.6 % ( 33.3 ) ( 63.7 ) 91.4 % " We are pleased to see growth acceleration during the third quarter of 2021 across all reported usage KPIs . Orders for the quarter reached an all - time high of 8.5 million , accelerating by 28 % year - over - year , the fastest growth rate of the past 7 quarters . Annual Active Consumers reached 7.3 million , up 8 % year - over - year . As a result of the acceleration in consumers and orders , we are reaching an inflection point in the GMV trajectory