JMIA News and Press, Jumia Technologies AG American Depositary Shares each representing two From 06/03/23

2023-06-03 09:28:03 ET Summary Jumia's valuation remains modest due to concerns about the business model and balance sheet. The company has reduced losses significantly, but further cost reductions may be difficult, meaning that growth will be required to reach breakeven. Achi...

2023-06-03 05:26:22 ET Summary Jumia Technologies is focusing on long-term growth strategies, including expanding into secondary cities in Africa and addressing pent-up demand for e-commerce. The company has achieved significant results in cost-cutting and efficiency improvements,...

2023-05-23 13:00:29 ET Image source: The Motley Fool. Jumia Technologies Ag (NYSE: JMIA) Q1 2023 Earnings Call May 23, 2023 , 8:30 a.m. ET Operator Continue reading For further details see: Jumia Technologies Ag (JMIA) Q1 2023 Earnings Ca...

2023-05-23 12:21:08 ET Jumia Technologies AG (JMIA) Q1 2023 Earnings Conference Call May 23, 2023 08:30 ET Company Participants Safae Damir - Head of Investor Relations Francis Dufay - Chief Executive Officer Antoine Maillet-Mezeray - Executive Vice President of ...

2023-05-23 07:45:55 ET Jumia Technologies ( NYSE: JMIA ) stock slid sharply before the bell on Tuesday after reporting declining revenue and order trends. For the first quarter, the African e-commerce leader disclosed a 2.7% drop in revenue to $46.3M year over year as qu...

2023-05-23 06:45:04 ET Jumia (NYSE: JMIA) stock price darted higher ahead of the latest financial results. The shares rose to a high of $3.15, much higher than the year-to-date low of $2.54. In all, Jumia shares have plunged by over 95% from the highest level in 2021. Jumia has a ma...

Significant reduction in losses and progress towards profitability Operating loss decreased by 54% and 49% in constant currency, year-over-year Gross Profit increased by 5% and 24% in constant currency, year-over-year LAGOS, NIGERIA / ACCESSWIRE / May 23, 2023 / Jumia Technologies ...

LAGOS, NIGERIA / ACCESSWIRE / May 17, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended March 31, 2023 before the U.S. market opens on Tuesday, May 23, 2023. Management will host a conference call at 8:30 a.m. US Eastern ...

BERLIN, GERMANY / ACCESSWIRE / May 17, 2023 / Jumia Technologies AG (NYSE:JMIA), the leading pan-African e-commerce platform, announced that it has filed its Annual Report on Form 20-F for the year ended December 31, 2022 (the "Annual Report") with the U.S. Securities and Exchange Commission (SE...

2023-05-16 08:00:00 ET Summary Under the new leadership, Jumia will continue to cut costs and improve the bottom line. Top-line growth will take a back seat in FY 2023. Better profitability is a step in the right direction, but questions about Jumia's capability to achieve long-te...