JMIA News and Press, Jumia Technologies AG American Depositary Shares each representing two From 08/17/23

2023-08-17 08:15:36 ET Summary Jumia Technologies CEO, Francis Dufay, emphasizes the company's focus on efficiency, cost reduction, and relationship building with suppliers. Q2 earnings report shows a strategic pivot towards profitability, with steps taken to reduce EBITDA loss gu...

2023-08-16 08:56:09 ET Summary Jumia is a pan-African e-commerce platform operating in 11 African countries. Last quarter's earnings were very weak, with crucial revenue-driving metrics falling by more than a quarter each. The stock is overvalued based on my valuation analysis...

2023-08-15 17:29:00 ET Notable declines in fundamentals caused investors to bail from Jumia Technologies (NYSE: JMIA) stock on Tuesday. Following its release of quarterly results, the online retailer's shares fell by more than 17% in price. That was far steeper than the 1.2% drop of...

2023-08-15 12:30:24 ET Image source: The Motley Fool. Jumia Technologies Ag (NYSE: JMIA) Q2 2023 Earnings Call Aug 15, 2023 , 8:30 a.m. ET Operator Continue reading For further details see: Jumia Technologies Ag (JMIA) Q2 2023 Earnings Ca...

2023-08-15 11:17:10 ET Jumia Technologies AG (JMIA) Q2 2023 Earnings Conference Call August 15, 2023, 08:30 AM ET Company Participants Safae Damir - Head of Investor Relations Francis Dufay - Chief Executive Officer Antoine Maillet-Mezeray - Executive Vice Presid...

2023-08-15 06:52:02 ET Jumia Technologies press release ( NYSE: JMIA ): Q2 Revenue of $57.3M (+18.1% Y/Y). Adjusted EBITDA loss was $19.3 million compared to $57.2 million, decreasing by 66% year-over-year and 63% on a constant currency basis. As of June 30, 2023, ...

Significant reduction in losses and progress towards profitability Updating guidance Both Operating and Adjusted EBITDA losses decreased by approximately 66% year-over-year Adjusted EBITDA loss guidance for 2023 reduced to $90-100 million from $100-120 million previously LAGOS,...

LAGOS, NIGERIA / ACCESSWIRE / August 4, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended June 30, 2023 before the U.S. market opens on Tuesday, August 15, 2023. Management will host a conference call at 8:30 a.m. US East...

2023-07-23 07:20:00 ET When Jumia (NYSE: JMIA) went public four years ago, many investors hailed the e-commerce company as the " Amazon (NASDAQ: AMZN) of Africa." It had already launched its marketplace in 14 countries, which accounted for 72% of Africa's total GDP, and the ...

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...