Jumia held third-quarter earnings and an investor day, but it was really an analyst raising his target price that caused the stock to take off.
At its $69.89 peak, investors’ confidence in Jumia Technologies (NYSE:JMIA) also reached its highest point. The euphoria ended when the Nasdaq sank well below its February 2021 highs. JMIA stock fell ...
Jumia Technologies (NYSE: JMIA) is hardly a household name in the United States, but a lot of investors are getting familiar with the rising African e-commerce star on Tuesday, after a Benchmark ...
According to a Hunterbrook media report, Jumia has overcome stiff competition from Chinese rivals like Shein and Temu and is ...
It’s funny how the market can dislike a company, then love it, and then dislike it again. Such has been the fate of Jumia Technologies (NYSE:JMIA) in 2021 as the owners of JMIA stock have been ...
Jumia Technologies is on its way to building a sustainable business after a change in management, but the company still needs to prove it can generate profitable growth. High inflation rates, currency ...
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 ...
This Africa-focused e-commerce company is falling short of its potential. Jumia, which was founded in 2012 and had its initial public offering (IPO) in 2019, is an Africa-focused e-commerce company ...
Jumia’s growth gradually stabilized throughout 2021. It expects its GMV growth to accelerate again in 2022. However, its widening losses make it a very risky bet. Jumia's revenue rose 26% year over ...