Developing countries are surprisingly underrepresented in textile exports. That said, a lot of the lowest end of it is in fact moving out of China. This will take time though. Remember that China only became a textile powerhouse three decades ago and it has places that are still quite poor.
That said, we do need to get our shit together as African countries. I doubt we will though. After all, Nigeria was richer than China just 30 years ago. We still haven't industrialised after all that time.
Jumia has survived Alibaba and Amazon though, so I think they'll probably be okay in the long term. Of course they'll likely lose some market share in the process.
"Here here" means there's a limit to how much I can spend on both Alibaba and Amazon due to CBN policy because they charge in $, while there's no such limit to Jumia.
https://www.statista.com/statistics/236397/value-of-the-leading-global-textile-exporters-by-country/
Developing countries are surprisingly underrepresented in textile exports. That said, a lot of the lowest end of it is in fact moving out of China. This will take time though. Remember that China only became a textile powerhouse three decades ago and it has places that are still quite poor.
That said, we do need to get our shit together as African countries. I doubt we will though. After all, Nigeria was richer than China just 30 years ago. We still haven't industrialised after all that time.
Temu is here, and I fear for Jumia. My beloved Jumia.
Also, I think China is driving the organ trafficking market in Africa.
Jumia has survived Alibaba and Amazon though, so I think they'll probably be okay in the long term. Of course they'll likely lose some market share in the process.
Temu and PDD are menaces even in China lol
Amazon isn't really here here and Alibaba is optimised for bulk purchasing...also not here here... so we can't really say Jumia survived them.
I have used both Amazon and Alibaba. In fact, Amazon isn't here at all. And neither is Alibaba.
Temu seems to be here here, lol, though I haven't downloaded the app yet.
"Here here" means there's a limit to how much I can spend on both Alibaba and Amazon due to CBN policy because they charge in $, while there's no such limit to Jumia.
Excellent article, thank you.
Thank you for reading.