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Jumia Technologies (NYSE: JMIA) hasn't escaped the 2022 bear market -- it's down 65% year to date, and it isn't hard to see why. Despite enjoying a first-mover advantage in Africa's e-commerce market, the Nigerian company has failed thus far to achieve profitabilit...
Image source: The Motley Fool. Jumia Technologies AG-ADR (NYSE: JMIA) Q3 2022 Earnings Call Nov 17, 2022 , 8:30 a.m. ET Operator Continue reading For further details see: Jumia Technologies AG-ADR (JMIA) Q3 2022 Earnings Call Transcript ...
Leadership changes, accelerating monetization and reducing operating loss Gross Profit increased by 29% year-over-year Operating loss decreased by 33% year-over-year Adjusted EBITDA loss decreased by 13% year-over-year LAGOS, NIGERIA / ACCESSWIRE / November 17, 2022 / Jum...
Shares of Jumia Technologies (NYSE: JMIA) fell 14% on Monday after the African online marketplace announced the departure of its co-chief executive officers. Jumia said co-CEOs Jeremy Hodara and Sacha Poignonnec were stepping down today. The company appointed Francis Dufay as ac...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The overall market is holding up on Monday — a day ahead of the midterms — but the same cannot be said about Jumia (NYSE: JMIA ) and other growth stocks. JMIA stock is down about 15% so far in Monday...
Jumia Technologies' ( NYSE: JMIA ) Co-CEOs Jeremy Hodara and Sacha Poignonnec have stepped down with immediate effect, t he e-commerce company announced Monday. The leadership change brings company's internal member Francis Dufay to take the helm in the role of A...
New leadership appointed with a plan focused on path to profitability and e-commerce fundamentals LAGOS, NIGERIA / ACCESSWIRE / November 7, 2022 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or "the Company") today announced the appointment of a new Management Board and Acting CEO, while...
LAGOS, NIGERIA / ACCESSWIRE / November 3, 2022 / Jumia Technologies AG (NYSE:JMIA), ("Jumia"), today announced that it will release its results for the quarter ended September 30, 2022 before the U.S. market opens on Thursday, November 17, 2022. Management will host a conference call at 8:3...
Summary Jumia is down 90% from its high. The company has a plan to reach profitability, but it's nowhere near enough. The outlook is bleak and the only option I see is liquidation or a takeover. Jumia Technologies (JMIA) is an African eCommerce company that flew high in ...
Summary Baillie Gifford’s 13F portfolio value decreased from ~$97.51B to ~$96.99B this quarter. They increased Shopify, Roblox, Zoom Video, and Twilio while reducing Albemarle Corporation and Li Auto ADR. The top three positions are Tesla Motors, Moderna, and MercadoLib...
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LAGOS, NIGERIA / ACCESSWIRE / July 22, 2024 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the second quarter of 2024 before the U.S. market opens on Tuesday, August 6, 2024. Management will host a conference call to discuss the quarter's results ...