JMIA News and Press, Jumia Technologies AG American Depositary Shares each representing two From 02/17/23

Summary Jumia is a pan-African e-commerce company with a diverse group of 100K sellers offering goods across a wide range of categories. Jumia's market valuation has suffered a steep decline of more than 90% from its peak market valuation. Jumia presents an attractive opportunity to...

Image source: The Motley Fool. Jumia Technologies Ag (NYSE: JMIA) Q4 2022 Earnings Call Feb 16, 2023 , 8:30 a.m. ET Operator Continue reading For further details see: Jumia Technologies Ag (JMIA) Q4 2022 Earnings Call Transcript

Jumia Technologies AG (JMIA) Q4 2022 Earnings Conference Call February 16, 2023 08:30 AM ET Company Participants Safae Damir - Head of Investor Relations Francis Dufay - Acting CEO Antoine Maillet-Mezeray - EVP Finance & Operations Conference Call Participant...

Jumia Technologies AG press release ( NYSE: JMIA ): Q4 Revenue of $66.5M (+7.3% Y/Y). In the fourth quarter of 2022, operating loss decreased by 41% Y/Y, reaching $49.8M and Adjusted EBITDA loss decreased by 30% year-over-year, reaching $49.2M. GMV was $283.1 million, down 14%...

Growing monetization and reducing losses Gross Profit increased by 22% year-over-year Operating loss decreased by 41% year-over-year FY2023 Adjusted EBITDA loss expected to decrease by up to 50% vs FY2022 LAGOS, NIGERIA / ACCESSWIRE / February 16, 2023 / Jumia Technologies AG (NY...

Summary Despite the growth of e-commerce sites, JMIA had a terrible year marked by massive losses and a precipitous drop in stock price. The new management under the interim CEO has come up with a plan that will be viable to turn things around. The inflationary pressure in the globa...

LAGOS, NIGERIA / ACCESSWIRE / February 1, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the fourth quarter and full year 2022 before the U.S. market opens on Thursday, February 16, 2023. Management will host a conference call at 8:30 a...

Summary Baillie Gifford’s 13F portfolio value decreased from ~$96.99B to ~$95.96B this quarter. They increased NVIDIA, Shopify, NIO Inc., SEA Ltd., Roblox, DoorDash, and Ginkgo Bioworks while reducing Illumina, Ferrari N.V., Arthur J. Gallagher & Co., Albemarle, Meta Platform...

Summary The stock market has seen a significant correction in recent months, with some stocks down 95-99%. This has led to concerns about stocks potentially going to zero. Several factors have contributed to the market correction, including supply chain disruptions, inflation, and high-...

Jumia Technologies (NYSE: JMIA) hasn't escaped the 2022 bear market -- it's down 65% year to date, and it isn't hard to see why. Despite enjoying a first-mover advantage in Africa's e-commerce market, the Nigerian company has failed thus far to achieve profitabilit...