Bite-sized Insights about
 
Providing you with data-based insights about things happening around you.
With $2.8 trillion in sales, China is the largest eCommerce market globally
With Chinese platforms like Alibaba and AliExpress serving customers across the globe, China's eCommerce sales in 2021 ($2.78 trillion) are larger than the sales in the USA, the UK, and other countries of the top 10 eCommerce markets globally combined.

Alibaba recorded the highest eCommerce retail sales worldwide in 2020
Alibaba made $1.17 trillion in sales in 2020, larger than what Amazon and Walmart did in the same period.

Jumia Group recorded its largest active customer figure in Q3 2021
Jumia Group's quarterly active customers recorded steady growth for five consecutive quarters between Q1 2019 and Q2 2020. It also recorded growth in orders for three consecutive quarters in the same period. Jumia recorded its biggest percentage drop in active customers in Q4 2020. The eCommerce giant's biggest order volume was recorded in Q4 2021 with 11.3 million, followed by 10.3 million in Q2 2022. Q4 2021 and Q2 2022 were the only times that Jumia's order volume hit 8 figures in a quarter since Q1 2019.

₦8.9 billion has been allocated towards the establishment of Nigeria Air in 8 years
From the initial ₦555 million commitment in the 2016 national budget, Nigeria Air (the national carrier) has received ₦8.957 billion in budgetary allocation as of 2023, with the past four years accounting for more than 80% of the allocation received.

Top 10 African countries by maritime merchandise trade in 2020
According to UNCTAD, most developing countries move more than 80% of their internationally-traded goods by sea. In Africa, Nigeria had the most maritime merchandise trade in 2020.

Quarterly breakdown of Jumia's Losses and EBITDA from Q1 2019 to Q2 2021
Despite a 13% year-over-year increase in orders, Jumia recorded a significant loss in Q2 2021. Though not the highest ever recorded, it's a whopping 105% increase from Q1 2021. Here are Jumia's losses and EBITDA for each quarter since 2019.

Jumia: Orders and active customers from Q3 2020 to Q3 2021
Jumia's orders for Q3 2021 increased by 11.8% from 7.6 million in Q2 to 8.5 million in Q3, an all-time quarterly high. This increase is reflected in a 4.3% growth in its active customers from the previous quarter.

Jumia: Gross Merchandise Value (GMV) from Q3 2020 to Q3 2021
Jumia's highest increase in its total sales value in five quarters between Q3 2020 and Q3 2021 occurred in Q4 2020 with a 23.4% increase. The online marketplace company saw a steady increase in its Gross Merchandise Value (GMV) from Q1 2021 to Q3 2021.

Bureau de Change and Inter-Bank Naira-Dollar exchange rates for every June between 2011 and 2021
There has been concern over the significant differences between Bureau de Change (BDC) and Inter-Bank exchange rates over the years. Following the CBN’s recent move to stop forex sales to BDCs, we look at the differences in rates in the past decade.

Top African countries by chocolate export value in 2020
On 2020's World Chocolate Day, an annual celebration of chocolate, we look at the top 12 African countries with the highest chocolate export value in 2020 -- a combined $421.43m.

1 2