Jumia held third-quarter earnings and an investor day, but it was really an analyst raising his target price that caused the stock to take off.

Shares of Jumia Technologies JMIA went on quite the ride Tuesday after reporting first-quarter financial results. Investors saw the company report a drop in revenue and shares immediately sold off.

LAGOS, NIGERIA / ACCESSWIRE / August 16, 2024 / Jumia Technologies AG, (NYSE:JMIA) ("Jumia" or "the Company") a leading e-commerce platform in Africa, today announced that it has completed its ...

We can readily understand why investors are attracted to unprofitable companies. Indeed, Jumia Technologies (NYSE:JMIA) stock ...

But it would be wrong to dismiss it. Bargain hunters have been creeping into the name recently, hopeful that the company has learned important lessons. Jumia is currently focused on Nigeria and Egypt.

Amazon is reportedly planning a massive global push. That will put it in direct competition with Jumia in key markets. As the self-styled "Amazon of Africa," Jumia Technologies seeks to replicate the ...

As one of the world’s highest-grossing e-commerce platforms, Amazon is more than retail services alone: streams of revenue for the tech giant also include Kindle, Audible and Music subscriptions as ...