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The Latest Breaking News from JMIA

Japanese racing consortium launches bid to build next Super Formula car

The group of 80 companies from across Japan’s racing industry produced a prototype of its proposed Super Formula racer

Dome-led group launches bid to build next Super Formula car

Dome-led group launches bid to build next Super Formula car

A consortium of 80 companies from across Japan’s racing industry produced a prototype of its proposed Super Formula car

Jumia Stock Pops: Here's Why One Hedge Fund Thinks The "Amazon Of Africa" Can Take On Temu And Shein

Jumia Stock Pops: Here's Why One Hedge Fund Thinks The "Amazon Of Africa" Can Take On Temu And Shein

Jumia Technologies AG – ADR (NYSE:JMIA) shares are trading higher Friday morning after a Hunterbrook Media report argued that the long-struggling "Amazon.com Inc (NASDAQ:AMZN) of Africa" is mounting a turnaround. The outlet's affiliated investment fund disclosed a long position in the stock.

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Jumia Technologies (JMIA) Stock Drops Despite 25% Revenue Surge, Improved Margins

Shares of Jumia Technologies AG – ADR (NYSE:JMIA) are trading lower Wednesday morning, despite the company reporting third-quarter financial results that surpassed analyst revenue estimates.

Jumia Technologies (JMIA) Stock Hit A New 52-Week High Today: What's Going On?

Jumia Technologies AG – ADR (NYSE:JMIA) shares are trading higher Tuesday morning after RBC Capital analyst Brad Erickson upgraded the stock to Outperform and raised the price target to $15.

Jumia (JMIA) Stock Surges On Axian Takeover Buzz: What Investors Need To Know

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.

Is Jumia Technologies a Hidden Gem in E-Commerce?

Despite strong year-over-year growth in GMV and revenue, Jumia Technologies (JMIA) incurred a significant loss before income tax due to currency devaluations in its largest markets, impacting purchasing power and supply availability. Given the challenging macro environment in Africa, should you invest in this e-commerce stock? Read more.

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3 Stocks to Sell Now With Weak Technicals and Negative Sentiments

3 Stocks to Sell Now With Weak Technicals and Negative Sentiments

Given the growing concerns of a sluggish economy and a potential slowdown, investors should steer clear of fundamentally weak stocks Farfetch Limited (FTCH), Jumia Technologies (JMIA), and Grom Social Enterprises (GROM), given their weak technicals and negative sentiments. Read on….

Better Buy: Jumia Technologies vs. MercadoLibre

Better Buy: Jumia Technologies vs. MercadoLibre

In this article I will analyze and compare Jumia Technologies and MercadoLibre to determine which e-commerce stock is currently a better investment.

Is Jumia Technologies a Buy After Partnering with UPS?

Is Jumia Technologies a Buy After Partnering with UPS?

Leading e-commerce platform Jumia Technologies (JMIA) has seen its shares plunge in price over the past year. However, considering the company’s recent collaboration with UPS, let’s evaluate if it is worth adding the stock to one’s portfolio now. Read on.

Jumia Technologies Stock Skyrockets In This Key Trend: Here's Where To Look For An Entry, Exit

Jumia Technologies Stock Skyrockets In This Key Trend: Here's Where To Look For An Entry, Exit

Jumia Technologies AG (NYSE: JMIA) was skyrocketing up over 27% higher on Monday after the Africa-based e-commerce company announced it will expand its logistics services on the continent throug

Jumia Clocks 26% Revenue Growth In Q4

Jumia Clocks 26% Revenue Growth In Q4

Jumia Technologies AG (NYSE:JMIA) reported fourth-quarter FY21 revenue growth of 25.8% year-on-year, to $62 million. Orders increased by 39.9% Y/Y to 11.3 million, and active consumers rose 28.8% to 3.8 million. Total payment volume (TPV) increased 29.1% to $90.5 million. The gross merchandise value (GMV) rose 20.2% Y/Y to $330.1 million. Gross profit…

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