The Latest Breaking News from Jumia

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 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.

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

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 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 Technologies AG - ADR (NYSE: JMIA) shares are trading higher by 20.34% at $11.42 after the company announced it would make its last mile logistics capabilities available to United Parcel Service, Inc. (NYSE: UPS).

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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