Jumia Technologies AG American Depositary Shares (JMIA)
3.9900
-0.2200 (-5.23%)
Jumia Technologies is an e-commerce platform that operates primarily in African markets, offering a wide range of products and services through its online marketplace
The company connects consumers with sellers, facilitating transactions across various categories such as electronics, fashion, home goods, and groceries. In addition to its marketplace, Jumia provides logistics and payment solutions to enhance the shopping experience and support its vendors. By leveraging technology and addressing local consumer needs, Jumia aims to drive digital commerce growth in the African continent.
Jumia shares are trading higher on Thursday after the company announced a year-over-year increase in orders and gross merchant value for the two months ended Nov. 30.
Jumia Technologies shares are dropping Tuesday after the company posted worse-than-expected sales results for the second quarter. Here's a look at the details:
