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2023-05-16 08:00:00 ET Summary Under the new leadership, Jumia will continue to cut costs and improve the bottom line. Top-line growth will take a back seat in FY 2023. Better profitability is a step in the right direction, but questions about Jumia's capability to achieve long-te...
2023-04-18 07:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips A the market returns it’s time to look for the best growth stocks to buy. successful investing strategy partially requires an ability to predict the future. After all, the ...
2023-04-17 10:00:00 ET Summary Sea Limited was a ten-bagger during the last bull run and then crashed 86%. Hyper growth paired with high losses turned to positive cash flow in the latest quarter. The positive cash flows were a result of cost controls and increasing take rate. ...
2023-03-09 08:24:00 ET Investors wanted anything that sounded "futuristic" for their portfolios in 2020 and 2021. This included sectors like electric vehicles or the space economy , industries with little proven financial results but ginormous future "total addressable markets" to c...
Summary Is Amazon's growth story coming to an end? Discover how the pandemic affected the company's revenue and profit growth, and what the future might hold for this tech giant. Amazon: growth or value stock? Amazon is currently at an infliction point in deciding where they will focus ...
Summary Jumia Technologies CEO Francis Dufay boosted my confidence in the business after he sat down with me for a post-earnings discussion. Dufay demonstrated how Jumia solves commerce problems in Nigeria and the Ivory Coast while also expanding beyond the big cities. He provided m...
Summary Jumia is Africa's largest e-commerce company generating $1 billion in GMV (gross merchandise value). The company generated an operating loss of $227 million in 2022 and is now left with $228 million in cash & term deposits. Given the low market capitalization of around $...
Summary Jumia's recent shift in strategy has created a viable path to profitability. Jumia still has significant work to do to lower costs, improve efficiency and scale the business before breakeven is achieved. Structural limitations on the growth of ecommerce in Africa will likely...
Summary Jumia Technologies continues to restructure its business for cost efficiency and lowering (adjusted) EBITDA losses. Macro headwinds, like inflation, currency weakness, and supply chain issues, are creating poor user metrics and pressuring the top-line. While the company prom...
Summary Jumia is a pan-African e-commerce company with a diverse group of 100K sellers offering goods across a wide range of categories. Jumia's market valuation has suffered a steep decline of more than 90% from its peak market valuation. Jumia presents an attractive opportunity to...
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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 ...