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When Jumia Technologies (NYSE: JMIA) reported third-quarter earnings in November, management highlighted certain metrics right at the top of its press release. Among the highlights was a statistic on JumiaPay, the company's financial technology (fintech) solution. In Q3, total payme...
Jumia Technologies AG (“Jumia”), the leading pan-African e-commerce platform, announced that it has completed its “at the market” offering. All 7,969,984 ADSs offered by Jumia have been sold at an average price of $30.51 per ADS, generating aggregate gros...
Shares of Jumia Technologies (NYSE: JMIA) were soaring last month even as investors largely rejected the African e-commerce company's third-quarter earnings report, selling the stock on the news. Later in the month, a speculative frenzy driven by a possible short squeeze and bul...
The following slide deck was published by Jumia Technologies AG in conjunction with this event. For further details see: Jumia Technologies (JMIA) Presents At Credit Suisse 24th Annual Technology Conference - Slideshow
Jumia Technologies ([[JMIA]] -10.4%) have entered into an At the Market Offering Agreement with Citigroup Global Markets, pursuant to which the Company will sell an aggregate of ~7.9M shares of the Company’s ADSs.The Company intends to use the net proceeds fro...
I took a look at three stocks to avoid last week, predicting that Blink Charging (NASDAQ: BLNK) , Chico's FAS (NYSE: CHS) , and NIO Limited (NYSE: NIO) were going to lose to the market. I missed, and missed badly. The three stocks averaged a strong 9.5% ascen...
Jumia Technologies (NYSE: JMIA) is an internet retailer that is focused on several countries in Africa, including Nigeria, Egypt, and South Africa. After its April 2019 initial public offering at $14.50 a share, the bulls immediately drove its price up to $25 to close its first day ...
The Dow Jones Industrial Average cracked 30K and Tesla is up over a $500B market cap, but the bullish vibe isn't extending to all pandemic favorites.Internet retailers Etsy ([[ETSY]] -3.8%), Shopify ([[SHOP]] -1.5%), Wayfair ([[W]] -5.4%), MercadoLibre ([[MELI]] -3.2%), Chewy ([[CHWY]] -3.1%)...
Are These The Best E-Commerce Stocks To Buy Right Now? The year 2020 has been a game-changing year for many e-commerce stocks . That’s because, for many consumers, the coronavirus pandemic quickly turned e-commerce from a convenience into a necessity. Many consumers have ...
Shares of Jumia Technologies (NYSE: JMIA) blasted off on Monday after its prospects were discussed by analysts on CNBC. As of 3:15 p.m. EST, the stock was up 22%. But today's move isn't an isolated event. In just the past week, Jumia stock has more than doubled and it's up over 350%...
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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 ...