Jumia shared key performance indicators across a recently concluded holiday stretch. Total orders, gross merchandise volume, and active customers all saw significant growth compared to last year.
Jumia hosted analyst visits and noted it was benefiting from cheaper Chinese goods to Africa due to U.S. tariffs. One Wall Street analyst hiked his price target on shares by 130%. Jumia also rolled ...
I managed to underestimate revenue by about $3.5 million, but I was thrilled about getting the direction of the revenue development correct, as that was indeed a surprise for the market. The model ...
In 2023, Jumia revised its adjusted EBITDA loss guidance thrice: $100 million to $120 million in Q1; $90 million to $100 million in Q2; and $80 million to $90 million in Q3, aiming for a 57% to 61% ...
LAGOS, Feb 21 (Reuters) - Africa-focused e-commerce retailer Jumia Technologies will grow orders by up to 25% and continue to cut costs this year while fighting to keep its market share from Chinese ...
Jumia Technologies (NYSE:JMIA) has recently caught some investor attention, as its stock performance over the past month shows a gain of about 34%. With this momentum, many are taking a closer look at ...
An analyst enacted a rare double downgrade on the stock. He now feels it rates only a sell. Well before market open, Aletheia Capital's Nirgunan Tiruchelvam pushed his Jumia recommendation two steps ...
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: ...
Sept 1 (Reuters) - Africa-focused e-commerce firm Jumia Technologies has partnered with drone-delivery startup Zipline to deliver household items to remote areas of Ghana, the companies said on ...