jumia

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). Reports confirmed the news...

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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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