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home / news releases / JMIA - Jumia: Far Behind Being The 'Amazon Of Africa'

JMIA - Jumia: Far Behind Being The 'Amazon Of Africa'

Jumia Technologies AG American Depositary Shares each representing two
  • Jumia's financial performance over the past several years has been nothing short of underwhelming.
  • Equipped with an addressable market of 1.2B consumers, Jumia is the frontrunner in Africa's e-commerce market.
  • Unpredictable management, intertwined with inconsistent financials and overvaluation, is deterring me from investing in Jumia as of today.
  • Although the long-term potential is clear, today is not the right environment to buy JMIA.

For further details see:

Jumia: Far Behind Being The 'Amazon Of Africa'
Stock Information
Company Name: Jumia Technologies AG American Depositary Shares each representing two
Stock Symbol: JMIA
Market: NYSE
Website: group.jumia.com
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