Top 2024 resources on jumias
Best jumias resource in 2024.
Learn more about jumias to improve your e-commerce strategy.
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Africa e-tailer Jumia issues post-IPO results amid short-sell assault
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For Pan-African e-commerce startup Jumia, going public has been an up and down affair. The company filed SEC IPO docs in March and saw its share rise 70% after listing on the NYSE in April at $14.50. Then last week, Jumia’s stock tumbled when it came under assault from a short-seller accusing the company of […]
Topics: jumias, techcrunch, postipo, issues, results, analyst, assault, stock, claims, startup, citron, etailer, amid, africa, earnings, jumia, howell, shortsell. -
Africa e-tailer Jumia’s shares fall 4% day after IPO lockup expiration
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Shares of Africa-focused e-commerce company Jumia dropped 4% the day after the lockup period expired for its April IPO on the New York Stock Exchange. The lockup provision prevents major shareholders — namely those who purchased equity pre-public listing — from selling their shares for a specified number of days following the IPO. Jumia’s stock […]
Topics: ipo, company, etailer, day, sec, fall, africa, revenue, losses, million, price, period, expiration, shares, stock, jumia, techcrunch, jumias, lockup. -
African e-commerce startup Jumia’s shares open at $14.50 in NYSE IPO
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Pan-African e-commerce company Jumia listed on the New York Stock Exchange today, with shares beginning trading at $14.50 under ticker symbol JMIA. This comes four weeks after CEO Sacha Poignonnec confirmed the IPO to TechCrunch and Jumia filed SEC documents. With the public offering, Jumia becomes the first startup from Africa to list on a major global […]
Topics: jumias, shares, ecommerce, company, online, africa, startup, african, jumia, nyse, ipo, million, open, services. -
Can there be too much competition between startups?
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Competition is the core of capitalism. Competition between companies lowers prices — on average — and ensures that they are forced to innovate lest they lose their markets to others. Competition between workers ensures that people strive to do their best work lest their jobs go to more qualified or faster or cheaper replacements. Obviously, […]
Topics: costs, fulfillment, jumias, infrastructure, companies, jumia, startups, competition, markets, platform, ecommerce. -
Consumables dominate Jumia’s sales as buyer habits change
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NYSE-listed e-commerce platform Jumia experienced a shift in shopping habits across its markets in Africa last year, as more shoppers bought everyday products as opposed to electronics. Shopping for essentials such as foodstuff, fashion and beauty products saw Jumia’s total sales value of Fast-Moving Consumer Goods grow by 13 percentage points last year, from 44% […]
Topics: population, consumables, dominate, platform, ecommerce, report, areas, buyer, sales, africa, products, jumias, logistics, change, orders, jumia, habits, techcrunch. -
Jumia reports record orders and revenue but investors remain unconvinced
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Share sell-offs continued today in the wake of public companies’ earnings reports, proving especially significant amongst firms that benefited from the pandemic. While new and established public companies in market categories like software, fintech, gaming and social media witnessed significant declines in recent weeks amidst rising interest rates, growth-oriented e-commerce companies like Jumia are not […]
Topics: investors, significant, jumia, sales, revenue, techcrunch, yearoveryear, earnings, record, reports, quarter, remain, million, unconvinced, loss, orders, jumias. -
Jumia’s Q1 earnings report continues to show falling losses, slow growth
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African e-commerce giant Jumia today shared its earnings for the first quarter of 2021 that ended in March. While its customer count grew, a drop in the company’s revenues spoke to the fact that it is still reeling from the effects of the COVID-19 pandemic. Most areas in Africa where Jumia operates have lifted their […]
Topics: transactions, jumia, q1, jumias, yearoveryear, quarter, earnings, report, falling, losses, million, companys, slow, continues, company, growth, techcrunch. -
Jumia’s Q2 results show moderate growth, rising spend and continued losses
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African e-commerce giant Jumia today reported its second-quarter financial performance. In the wake of its earnings reports, Jumia’s shares climbed 3.38% to $21.99 per share with a market cap of $2.168 billion. Before we get into the company’s results, Jumia has historically reported its financial data in euros. This was the case until April 1, […]
Topics: company, techcrunch, q2, growth, continued, rising, quarter, jumia, second, revenue, jumias, spend, moderate, million, grew, companys, losses, results, share. -
Pan-African e-tailer Jumia grows 3Q revenue, e-payments and losses
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Pan-African e-commerce startup Jumia released its third-quarter financial results today. The numbers and presentation reflected some of the same past trends, with a dash of new, and nary a mention of a declining share price. The results Jumia — with online goods and service verticals in 14 countries — posted third-quarter revenue growth of 19% […]
Topics: techcrunch, losses, jumia, grows, 3q, million, revenue, etailer, online, goods, jumias, panafrican, digital, companys, revenues, share, epayments. -
Revisiting Jumia’s JForce scandal and Citron’s short-sell claims
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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 e-commerce company — with online verticals in 14 countries — did post second-quarter revenue growth of 58% (≈$43 million) and increased its customer base to 4.8 million from […]
Topics: citron, jumia, revisiting, sales, jforce, claims, andrew, citrons, shortsell, jumias, scandal, techcrunch, lefts. -
The e-commerce boom is still afoot in Africa, Jumia’s earnings indicate
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Jumia, the pan-African e-commerce company (and sole tech company based on the continent listed on the NYSE), released its first-quarter financial performance today. The company’s results included consistent growth but lapses in some areas compared with Jumia’s previous quarter. As always, the first page of every Jumia report highlights its year-over-year wins. The first quarter […]
Topics: yearoveryear, techcrunch, indicate, growth, boom, million, africa, afoot, quarter, earnings, revenue, q1, jumia, company, ecommerce, jumias. -
Why Warriors’ Andre Iguodala joined African unicorn Jumia’s board of directors
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Andre Iguodala, a key member of the Golden State Warriors basketball team, is no stranger to the tech industry. He’s invested in Tristan Walker’s Walker & Company, which has since been acquired by Procter & Gamble, electric scooter startup Lime and many others. Now, he’s joined the board of directors over at Jumia, an African e-commerce […]
Topics: joined, sacha, iguodala, directors, board, andre, hes, africa, tech, jumia, company, jumias, sure, startup, warriors, roots, african, unicorn.