- A stock market unwilling to pay for risk and future potential has driven Jumia Technologies to a rock-bottom valuation.
- With a bettered stock and a 10-year anniversary, management chose a good time to pivot to a message about future profitability.
- Accelerating growth trends support Jumia's profit narrative, but declining average order volumes require ongoing acceleration in order growth and purchase frequency.
- Jumia Technologies plans to rely on consumer essentials to ride out macro headwinds.
For further details see:
Jumia Technologies: Celebrating The 10-Year Anniversary With Plans For Future Profitability