- Jumia shares shot up 25% on April 4th in response to news of the company's latest partnership with UPS.
- The company's recent earnings report showed improvements. The UPS partnership is simply a bonus.
- Profitability is still a question mark for the African e-commerce company. But I do like where Jumia is heading.
- Still a risky long-term play, Jumia could wind up being a multi-bagger for investors down the road.
- It'll be interesting to see if Jumia shares retreat from this one-day spark or continue in an upward path.
For further details see:
Jumia's Partnership With UPS Is A Power Move