jumia

Jumia’s Shares Slide On Fraud Claims By Short Seller

Jumia’s Shares Slide On Fraud Claims By Short Seller
Jumia’s Shares Slide On Fraud Claims By Short Seller
May 10, 2019  |  Investments

Following a claim of fraud by a short seller, shares in eCommerce firm Jumia fell by almost 25 percent by midday New York time on...

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Jumia Stock Debut Signals Appeal Of African eCommerce
Jumia Stock Debut Signals Appeal Of African eCommerce
April 12, 2019  |  International

It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in...

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Mastercard Invests In Africa-Focused Unicorn Jumia
Mastercard Invests In Africa-Focused Unicorn Jumia
April 01, 2019  |  Investments

Mastercard will invest 50 million euros in Berlin-based Jumia Technologies, an online retailer focused on Africa, before its initial public offering in New York, according...

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eCommerce Co Jumia Files US IPO
eCommerce Co Jumia Files US IPO
March 13, 2019  |  IPO

Pan-African eCommerce company Jumia filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) on Tuesday (March 12). Get the Full...

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Jumia Sets Its Sights On Egypt And Unlicensed Vendors
Jumia Sets Its Sights On Egypt And Unlicensed Vendors
May 08, 2018  |  eCommerce

Jumia, the leading eCommerce player in Africa, has set its sights on Egypt, aiming to grow tenfold on a revenue basis and sixfold in the number...

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In Africa, eCommerce Is Suddenly Big Bucks
In Africa, eCommerce Is Suddenly Big Bucks
March 03, 2016  |  International

In a huge investment coup for an African company, representing one of the largest technology company fundraising tallies on the continent, Africa Internet Group has...

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