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home / news releases / JMIA - Jumia's Partnership With UPS Is A Power Move

JMIA - Jumia's Partnership With UPS Is A Power Move

Jumia Technologies AG American Depositary Shares each representing two
  • Jumia shares shot up 25% on April 4th in response to news of the company's latest partnership with UPS.
  • The company's recent earnings report showed improvements. The UPS partnership is simply a bonus.
  • Profitability is still a question mark for the African e-commerce company. But I do like where Jumia is heading.
  • Still a risky long-term play, Jumia could wind up being a multi-bagger for investors down the road.
  • It'll be interesting to see if Jumia shares retreat from this one-day spark or continue in an upward path.

For further details see:

Jumia's Partnership With UPS Is A Power Move
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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