JMIA News and Press, Jumia Technologies AG American Depositary Shares each representing two From 11/15/23

2023-11-15 06:52:15 ET Jumia Technologies AG press release ( NYSE: JMIA ): Q3 Revenue of $44.9M (-11.1% Y/Y). GMV of $181 million, down 25% year-over-year, and down 3% in constant currency. Adjusted EBITDA loss of $15 million compared to $46 million in the third quarte...

Meaningful progress in our strategy towards cash efficiency and profitable growth LAGOS, NIGERIA / ACCESSWIRE / November 15, 2023 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the third quarter ended September 30, 2023. Results ...

2023-11-14 10:52:25 ET Major earnings expected before the bell on Wednesday include: JD.com ( JD ) Tencent Holdings ( OTCPK:TCEHY ) Target ( TGT ) XPeng ( XPEV ) ZIM Integrated Shipping Services ( ZIM ) For further details see: Notable ear...

LAGOS, NIGERIA / ACCESSWIRE / November 6, 2023 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended September 30, 2023 before the U.S. market opens on Wednesday, November 15, 2023. Management will host a conference call at 8:30 a...

2023-10-23 12:00:59 ET Summary Jumia sees good progress on reducing losses and cash burn however this was largely driven by cuts to marketing expenses. Near term outlook is unexciting due to macro challenges. Challenging medium term growth prospects due to funding constraints ...

2023-10-05 20:08:00 ET Jumia (NASDAQ: JMIA) stock price continued its freefall as the company continued facing numerous headwinds. The shares retreated to a low of $2.52 on Thursday, ~50% below the highest point this year and ~96% lower than its all-time high. Headwinds remain J...

2023-10-02 09:02:47 ET More on Jumia Technologies AG Jumia: Cutting Costs Won't Be Enough Jumia's Q2 Earnings Report: A Conversation With CEO Francis Dufay Jumia Technologies: I See Several Red Flags Jumia Technologies AG reports Q2 results; updates FY23 Adju...

2023-10-02 08:25:27 ET Bionomics  ( NASDAQ: BNOX ) +21% . Femasys  ( FEMY ) +18% . Lead Real Estate  ( LRE ) +14% . Acurx Pharmaceuticals ( ACXP ) +16% Announces Successful Completion and Early Discontinuation of the Ibezapo...

2023-08-29 11:42:51 ET Summary Jumia faces challenges due to high inflation and a restricted supply of goods, impacting consumer spending on its platform. Jumia is also pulling away from activities with questionable economics, negatively impacting growth. While Jumia's profita...

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...