- In a recent article, we have provided a detailed overview on Jumia‘s business model and its financial results in the midst of the COVID pandemic.
- The stock has been very volatile, rising 15-fold from the pandemic lows, but shares are now off nearly 50% from those highs, reflecting mixed financials and general pressure on tech.
- For Q1 2021, it will be key to watch continued impact from the business mix shift and efficiency measures with a focus on marketplace revenue, profitability, and JumiaPay platform penetration.
- With a full year of business mix shift and efficiency measures being implemented, we may see fairer comparisons vs. 2020.
- We believe Jumia can reach a market cap of at least $10bn within the next 2-3 years.
For further details see:
Jumia: Why We Remain Long The Stock And What To Look For In Q1 2021 Results