JMIA News and Press, Jumia Technologies AG American Depositary Shares each representing two

2024-07-02 04:03:43 ET Summary Jumia is Africa's leading e-commerce platform, with $244 million in revenue and ~24 million active customers in 2023. The macroeconomics of Jumia's biggest market threatens its performance. Despite dominating the African e-commerce market, JMIA s...

LAGOS, NIGERIA / ACCESSWIRE / June 18, 2024 / Jumia Technologies, (NYSE:JMIA) ("Jumia"), a leading e-commerce platform in Africa, today announced that Francis Dufay, Chief Executive Officer, and Antoine Malliet-Mezeray, Executive Vice President of Finance and Operations, will participate in one-...

2024-06-14 06:25:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Contrarian investing can prove incredibly fruitful, with a narrow group of tech stocks still driving the market. With investors still flocking towards AI, it’s an excellent time to i...

New warehouses consolidate operations, expand storage capacity to enhance supply chain management and support e-commerce growth LAGOS, NIGERIA / ACCESSWIRE / June 10, 2024 / Jumia (NYSE:JMIA), a leading African e-commerce platform, today announced the opening of two new integrated warehouse...

2024-06-05 21:02:00 ET Jumia (NASDAQ: JMIA) stock price is firing on all cylinders as investors place their bets on the Amazon of Africa. The shares soared to a high of $7.76 on Wednesday, its highest level since March 4th. It has soared by more than 250% from its lowest level in 20...

Partnerships expand Nigerian consumers' access to Jumia's e-commerce platform, while increasing buying power Nigerian Buy Now, Pay Later launch increases cashless payments options for Jumia customers LAGOS, NIGERIA / ACCESSWIRE / May 21, 2024 / Jumia, the leading e-commerce platform in...

2024-05-15 08:04:42 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dismissing e-commerce as a fading trend is farcical. I means it’s not the most ‘it’ thing for investors following the generative AI explosion, but the market still has a sp...

2024-05-12 02:38:52 ET Summary Jumia Technologies AG's stock has experienced volatility but its prospects remain unchanged. In this interview, CEO Francis Dufay describes strong operational improvements and revenue growth. Jumia maintains sufficient funding and a healthy balance s...

2024-05-09 11:26:58 ET Jumia Technologies (NYSE: JMIA) stock price has bounced back in the past few months as investors cheered the company’s turnaround. It has soared by over 178% from its lowest level in 2023 and is up by over 75% this year alone. Turnaround is going on but...

2024-05-09 08:49:26 ET Summary Jumia Technologies AG's shares spiked after releasing positive Q1 results, but the market may be valuing the company too optimistically. The company reduced operating losses and slashed costs. Jumia's biggest problem is currency risk. There i...