Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise over…
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Jumia
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E-CommerceInternetNews
Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth
African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is…
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E-CommerceInternetNews
African watchdog forces Jumia to review its terms in push to protect consumers
Africa’s largest e-commerce site Jumia has amended its terms and conditions after the regional watchdog, the COMESA (Common Markets for Eastern and Southern Africa)…
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Jumia, the pan-African e-commerce company, has partnered with Zipline, to launch on-demand drone delivery in Ghana, with plans to expand the service to Nigeria…
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Jumia shares rise as the company’s e-commerce business revs up in Q2 – TechCrunch
African e-commerce giant Jumia reported its second-quarter financial performance today. In the wake of its financial reporting this morning, Jumia’s shares climbed sharply, gaining…
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E-CommerceInternetNews
Jumia reports record orders and revenue but investors remain unconvinced – TechCrunch
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…
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