Jumia (NYSE: JMIA) stock is getting crushed in Thursday's trading. The e-commerce company's share price was down 29.5% as of 10:15 a.m. ET amid a 0.8% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 0 ...
Jumia reported a decline in revenue, but sales of physical goods grew. The company said it would be profitable by 2027. Jumia has faced a number of challenges, but profitability would be a major ...
Benchmark analyst Fawne Jiang initiated coverage of Jumia Technologies with a buy rating this morning. Jiang predicts the $8 stock will nearly double to $14 within a year. Jumia stock is not currently ...
Jumia's recent financial performance has been soft in large part due to currency headwinds. While the company is now moving past this, margin gains are becoming more difficult to achieve, even though ...
Jumia Technologies AG – ADR (NYSE:JMIA) shares are trading higher Tuesday afternoon as the company becomes the subject of takeover interest from Axian Telecom, per a Bloomberg report. What To Know: ...
Jumia's Q3 results were mixed, with improving usage trends offset by currency headwinds and elevated expenses. Currency stabilization in Nigeria and Egypt is a positive, but inflation continues to ...
In advance of Jumia’s November financial reporting, it’s worth revisiting the company’s second-quarter results, the downside of which included some negative news beyond losses. The Africa focused ...
Last Monday, Jumia co-founders Sacha Poignonnec and Jeremy Hodara resigned from their roles as co-CEOs, just ten days before the company’s third-quarter 2022 financial report. The end of their tenure, ...
Jumia stock popped yesterday following news the company could potentially be acquired. The African e-commerce specialist's share price pulled back today as investors took profits and assessed the near ...
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