Cairo, October 2nd, 2013 – JUMIA, Egypt’s #1 online retailer, celebrates one year anniversary and announces partnership with Mobinil, the Egyptian company for mobile services. In September 2012 JUMIA started the largest ecommerce website in the country. Twelve months later, the company has served over hundreds of thousands customers – shaping ecommerce in Egypt.
JUMIA (http://www.jumia.com.eg) is Egypt’s fastest growing e-commerce company. JUMIA Egypt is offering the widest product selection including books, fashion, consumer electronics, home appliances and beauty products.JUMIA offers cash-on-delivery all over Egypt and one-day delivery for fashion products, both through its own delivery fleet in Cairo and through a partnership with the country’s leading shipping company, Aramex.
JUMIA is a part of Africa Internet Holding: http://www.africainternetholding.com/
The partnership agreement between JUMIA Egypt and Mobinil consists of the following:
-Mobinil providing JUMIA offices and staff with the latest mobile technology solutions which are specially tailored for their business needs.
-JUMIA provides Mobinil with products and services in their 140 retail stores spread all across Egypt.
-JUMIA offering products of Mobinil and telecom products to their customers (i.e. Voice/Data lines, Broadband connectivity devices, smartphones, connectivity data bundles)
-JUMIA offering special gifts for Mobinil customers in the loyalty program
Ashraf Halim, Mobinil Vice President Commercial said: “We are proud of our partnership with JUMIA Egypt, one of the largest online shopping retailers in Egypt where both companies will benefit from the partnership. With this partnership, Mobinil comes closer to customers and continues to provide outstanding offers with the best quality and highest value.”
Mattia Perroni, Co-Founder and Managing Director of JUMIA Egypt: “It is a pleasure for our organization to partner with one of the leading mobile service provider in Egypt. This is the beginning of a long term partnership that will lead to an increasing value for our customers.”
Karim Loza, Head of Sales Support & Complementary Channels, Mobinil: “We have set our online sales strategy to reach our high value customers with a unique selling proposition, tailored for the online communities, in line with our expansion and growth plans in the online market”
After one year JUMIA Egypt has achieved a double digit growth on a monthly basis to reach a 35-40% market share in e-commerce. The company moved from two small offices in Maadi area to a 3-floor building with warehouse over a space of 1600 m² in “New Cairo” area. Jeremy Doutté, Co-Founder and Managing Director JUMIA Egypt: “Despite the political instability Egypt has gone through over the past months, JUMIA managed to keep a double digit growth rate over the months in terms of sales and revenue. This tremendous development reflects on our strong performance over the past months. Our message is simple – We look forward to the future, this is just the beginning for JUMIA Egypt.”
According to Euromonitor, Egyptian consumers’ online transactions are expected to more than triple by 2016. Despite the overall penetration rate of e-commerce (3.4%) for the Egyptian population, spending online is going to reach up to US$ 447.3 million.
Mobinil and JUMIA announced their partnership on Tuesday evening at the JUMIA Egypt One Year Anniversary celebration. Under the theme of “Don’t Follow, Set the Trend”, JUMIA celebrated this occasion with key speakers discussing the development of e-commerce in Egypt – including Dr. Adel Danish, CEO of Smart Village and Ashraf Halim, Mobinil VP Commercial.