When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Jumia Technologies AG American Depositary Shares each representing two
When Jumia Technologies (NYSE: JMIA) reported third-quarter earnings in November, management highlighted certain metrics right at the top of its press release. Among the highlights was a statistic on JumiaPay, the company's financial technology (fintech) solution. In Q3, total payment volume (TPV) on JumiaPay was up 50% year over year. That's big.
However, if that metric excites you, there's something you should know: Jumia doesn't make any money from JumiaPay. Its revenue comes entirely from other sources.