Sacha Poignonnec Net Worth: Jumia CEO Bio, Age, Wiki 2024

What is Sacha Poignonnec Net Worth?

Sacha Poignonnec is known for being the co-CEO of Jumia a popular online retail company which was founded in 2012. As of 2023, Sacha Poignonnec has an estimated net worth of $150 million. Jumia was founded by  Jeremy Hodara and ex-McKinsey consultant sacha poignonnec alongside Tunde Kehinde and Raphael Kofi Afaedor. 

Biography

Sacha first worked for a consulting firm called McKinsey which was  founded by University Professor, James O. in 1926. After quitting from the firm, he joined Jeremy H. in birthing Jumia in Lagos, Nigeria. After the company was launched, it was later expanded to  five other African countries like Egypt, Morocco, Ivory Coast, Kenya and South Africa.

Two years later around 2014, the company launched several other offices in other African countries like; Tunisia, Tanzania , Ghana , Cameroon , Algeria and Uganda .

Between 2018 and 2019 the company was present in 14 African countries. In Egypt, Jumia has been trying to categorize itself as one of the leading e-commerce websites.

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What is Sacha Poignonnec age?

As at when we updated this article, there’s currently no information about sacha’s age. We believe he could have been born between 1982 to 1983 and his age would be around 39 or 40 years old.

FAQs About Jumia ex-CEO’s

Why did Jumia CEO’s Step down?

The founders and co-CEO of Jumia Technologies, Sacha Poignonnec and Jeremy Hodara, have both stepped down from their position. Bloomberg reported that Jumia group was struggling with persistent losses and a slumping share price, hence, they had to step down. 

Who is the new CEO of  Jumia?

 Francis Dufay, who has held various leadership roles at Jumia since 2014, was appointed as the acting CEO of the e-commerce company. The company is currently in search for a new permanent CEO.

Who is Sacha Poignonnec wife?

There’s currently no info about his personal life. Although we believe he might be married but much detail about his family.

Jumia $234 million Revenue in 2015 

In 2015, Jumia generated $234 million in revenue, which stands for a 265% growth from 2014. And In 2016, Jumia became the African’s first unicorn being valued over $1 billion. Around late November 2018, Jumia partnered with cryptocurrency company known as Telcoin. The reason behind the partnership was to make paying of goods from all areas more easy. The same month, Jumia and Carrefour signed a partnership to sell online products in Africa.

Currently, a lot of vendors now have their different stores on jumia where they sell different commodities. Goods like foods, mobile accessories, fashion wears, and other gadgets are sold on the site.

Jumia’ Sacha Poignonnec Net Worth

The former co-founder of jumia, Sacha has an estimated net worth of $150 million. As of 2022, the online retail company, jumia has a net worth of over $1 billion.