African e-commerce company Jumia completes sale of secondary shares at $99.6M
Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares…
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.…
Jumia expects losses not to exceed $100M this year, per Q3 financials
In the first quarter of 2023, we reported that Jumia recorded its lowest losses in four years. Its adjusted EBITDA…
