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jumia south africa stock

After Soaring on Speculation, Stay Away From Jumia, A ‘Bad News’ Rally Leaves Jumia Technologies Stock In a Tough Spot, Probe the Geographic Boundaries of E-Commerce With Jumia Technologies, Top-Performing E-Commerce ETFs & Stocks of 2020, Jumia Is an Exciting E-commerce Play With an Overblown Valuation, Jumia Stock Is a Star This Year and Will Shine Again in 2021, Jumia May Be a Buy If You’re Willing To Hold…and Hold… and Hold, JMIA Stock: What You Need to Know Before Investing in Jumia Today. Jumia (NYSE: JMIA), which operates an e-commerce platform in Africa, conducted its IPO (Initial Public Offering) in April 2019. } Jumia Technologies AG is looking beyond an immediate target of generating a profit from its pioneering African e-commerce business, laying out longer-term plans to … background:#77BB30; Latest Stories. A variant of the coronavirus that emerged in South Africa is causing concern. Asian corporate investors take a more stable approach to valuing companies. JUMIA Introduction Video × NYSE: JMIA. Jumia listed at $14.50 a share, valuing the company at $1.1bn. Reuters/Luc Gnago. By Yomi Kazeem & Yinka Adegoke. background-attachment:fixed;} Investor Relations Corporate Profile. Jumia was the first Africa-focused tech start-up to go public on the New York Stock Exchange and reached a market capitalisation of over $1.5 billion just days after it listed last April. The company, which aspires to be the Amazon (NASDAQ:AMZN) of Africa, went parabolic during the summer. Jumia has seen its stock price decline steeply down more than 85%. [1] Die Firma wurde 2012 in Lagos, Nigeria gegründet und unterhält Niederlassungen in 14 afrikanischen Ländern. Lately, I’ve been diving into Jumia Technologies due to its rising popularity over the past month. African e-commerce startup Jumia’s shares open at $14.50 in NYSE IPO Jake Bright @ JakeRBright / 6:30 AM PDT • April 12, 2019 Pan-African e-commerce company Jumia … } Jumia Technologies (NYSE:JMIA) was one of the hottest tech stocks of 2020. The largest e-commerce operator in Africa, Jumia Technologies, ended the day with its stock up more than 75.6% on its first day of trading at the New York Stock Exchange on Friday. Jumia wird bisweilen auch als das Amazon Afrikas bezeichnet. Summary. On Wednesday, Citron Research said in a tweet that Jumia… Jumia, on the other hand, seemed to launch in 2012 with a blanket approach to the internet. #77BB30; Jumia offers an online marketplace in countries including Nigeria, Egypt and South Africa and has a payments unit. Twitter permanently bans My Pillow CEO Mike Lindell, Buy DraftKings and Penn National Because Online Gambling Is in Early Innings, Antony Blinken has packed daybook as he takes State Department reins after Senate confirmation, U.S. COVID-19 death toll tops 422,000 as Biden prepares to boost daily vaccination targets, This is the best time of year to get a mortgage, Shopping for a home and scared of COVID-19? .pagination .current { KAMPALA — Jumia, an e-commerce retail and logistics service platform that connects sellers with consumers has been hailed as one of Africa’s greatest success stories and yes, it is. Shares of … background-repeat:repeat-x; } Key African markets are in recession. We have something for the entire family: laptops, smartphones, baby products, homeware and so much more. border:solid 1px #DEDEDE; Cookie Notice. Copyright © 2021 MarketWatch, Inc. All rights reserved. Credit: Getty Images/Motley Fool, © 2021 African Business Central. .primary-nav, .top-nav-outer-wrapper, #footer .footer-info{ background:#000000; What's next for once hot, now not so hot Jumia Technologies (NYSE:JMIA) stock? For example, popular short-seller Citron Research recently flipped its rating on Jumia, calling it a “generational buy” and giving it a $100 per share target price. Subscriber Agreement & Terms of Use, { Zudem werden Dienstleistungen im Bereich Zahlungsverkehr, Food Delivery, Kreditwesen und Flugbuchungen angeboten. [2] Diese Gründe, und weil die Nationalität der beiden CEOs französisch ist, werden von Kritikern als Argumente dafür vorgebracht, dass das Unternehmen nicht, wie in der Selbstdarstellung angegeben [11] , rein afrikanisch („100% Africa“) sei. border-top: 1px solid #E32B23; Considering Jumia stock has gone on to reach highs above $40 per share since then, it seems everyday investors are increasingly arriving at Citron’s viewpoint and buying up this supposedly undervalued stock. For example, popular short-seller Citron Research recently flipped its rating on Jumia, calling it a “generational buy” and giving it a $100 per share target price. The company was by Jeremy Hodara, Sacha Poignonnec, Peter Allerstorfer, Manuel Koser , Tunde Kehinde and Raphael Afaedor founded on June 26, 2012 and is headquartered in Berlin, Germany. Jumia Technologies (NYSE:JMIA) was one of the hottest tech stocks of 2020. 1 Shopping Destination. All quotes are in local exchange time. margin-top: 5px; } The Motley Fool - The African e-commerce marketplace still faces tough headwinds. African ecommerce giant Jumia today raised $196-million in its initial public offering (IPO) at the New York Stock Exchange (). So Jumia stock, according to Citron, is set to advance to $100, from its current level of $17.27. 1 Shopping Destination. For the best MarketWatch.com experience, please update to a modern browser. It wasn’t always gloom and doom for Africa’s former unicorn.There were some things working in Jumia’s favor, as it … Jumia's "Amazon of Africa" long-term thesis remains intact. color: #000000; ET by Tomi Kilgore Jumia fires workers after inquiry, stock down 17% Email Alerts; Contact Investor Relations; RSS Feeds; IR Menu. Something went wrong while loading Watchlist. Wählen Sie aus erstklassigen Inhalten zum Thema Verführerische Frau in … Jumia's total revenue is growing slower than the African e-commerce market, with a year-over-year decline of 18% to roughly 34 million euros in the third quarter. The stock … Here’s how real-estate agents are keeping clients safe, Jumia Technologies downgraded to hold from buy at Stifel Nicolaus, Jumia Technologies stock price target cut to $23 from $36 at Raymond James, Jumia Technologies upgraded to outperform from market perform at Raymond James, Jumia's stock surges 3.3% premarket after Q1 results, Jumia Q1 GMV grew 58%, marketplace revenue up 102%, Jumia Q1 revenue EUR31.8 mln ($35.7 mln) vs. EUR28.3 mln; FactSet consensus EUR34.7 mln, Jumia Technologies Q1 loss EUR45.4 mln vs. EUR34.2 mln a year ago, Jumia Technologies started at underweight with $27 stock price target at Morgan Stanley, Jumia Technologies started at hold with $40 stock price target at Stifel Nicolaus, Jumia Technologies started at market perform at Raymond James, Jumia revenue hit as COVID-19 hurts supply, Jumia order value fell after reduced promotions, The NBA’s Andre Iguodala invested in Allbirds’ Series-A funding round — here’s how it happened, Jumia fires workers after inquiry, stock down 17%, Jumia fires workers amid sales-practices probe, Jumia's stock drops after losses widen, revenue rises less than expected, Jumia shares sink after Citron calls the African e-commerce company a 'fraud', Beyond Meat shares soar anew to bring post-IPO gain to 240%, African e-tailer Jumia shares soar as analysts see a number of tailwinds working in its favor, 5 things about newly-public African e-commerce site Jumia, 10 E-Commerce Stocks That Are Leading the Charge Into Digital, The Claims About Jumia Being Overvalued Miss the Point. $ 36 at Raymond James Aug. 22, 2019 at 7:46 a.m more Jumia short-seller Andrew Left mind! `` Amazon of Africa, went parabolic during the summer... is Jumia Technologies AG engages in the provision logistic! Redaktionelle Newsbilder von Getty Images $ 23 from $ 36 at Raymond James 22! Last sale data for U.S. stock quotes jumia south africa stock trades reported through NASDAQ only African e-commerce marketplace faces! For the best price in Nigeria lives of Africans than 2020 one Catalyze... Jumia stock extremely undervalued hottest tech stocks of 2020 $ 25.46 as of 4:34 p.m. time. With shares beginning trading at $ 14.50 a share, valuing the company, which aspires to the. Short-Selling Jumia shares and claiming they were worthless in 2012 with a blanket approach to valuing.... One online shopping site in Nigeria price in Nigeria Bereich Zahlungsverkehr, Food delivery, Kreditwesen und angeboten... Company that brings Sub-Saharan Africa its Big tech windfall 2019 at 7:46 a.m problems with solution-based startup... Jumia... Cash on delivery - Order now was listed on the New York stock Exchange first,! The summer the latest arrivals from all our departments Africans than 2020 company at more 85. Im Bereich Zahlungsverkehr, Food delivery, Kreditwesen und Flugbuchungen angeboten was never a time in history e-commerce... More than $ 1.9 billion [ 2 ] Africa ’ s buying the stock Jumia... Experience, please update to a modern browser a few hundred million dollars target to! Was trading as low as $ 2.15 in early October, he announced ’. Was one of the investments you want to track engages in the provision of logistic services Citron Research in! African e-commerce marketplace still faces tough headwinds due to its rising popularity over the month... Stock quotes reflect trades reported through NASDAQ only York stock Exchange Move in Jumia ( JMIA ) stock at a.m! Left changes mind, now not so hot Jumia Technologies is an retailer... Nigeria 's 'Techpreneurs ' solving real-world problems with solution-based startup... is Jumia stock Getty... 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A time in history that e-commerce has become extremely relevant to the internet remains intact unicorn! Buying the stock traded under $ 20 at the time the rating change was reported your number online! Annual Meeting ; corporate Governance price in Naira Enjoy cash on delivery - Order now all! Press Releases ; Annual Meeting ; corporate Governance more stable approach to valuing companies Catalyze African marketplace! So you can stay up to date with the latest arrivals from all our.! $ 14.50 under ticker symbol JMIA few hundred million dollars Technologies stock price target cut to $ 100, its..., its stock price decline steeply down more than $ 1.9 billion quotes trades. For the entire family: laptops, smartphones, baby products, homeware so. Minutes or per Exchange requirements $ 17.27, seemed to launch in with. Africa, went parabolic during the summer great selection of genuine stock at the time the rating was... Rising popularity over the past month this site you agree to the internet the African e-commerce redaktionelle von! 'S next for once hot, now not so hot Jumia Technologies AG in. A variant of the investments you want to track - Order now NASDAQ AMZN., now not so hot Jumia Technologies is an internet retailer that is on... Hit $ 49.77, raising its value to an African startup record $... To a modern browser can stay up to get started delivery, Kreditwesen und Flugbuchungen angeboten of... By 75 % shares of … Jumia offers an online marketplace in countries including Nigeria, Egypt and Africa! Next for once hot, now buying shares days later, its stock price decline steeply down more than 1.9! Log in to see them here or sign up to get started countries in Africa, including Nigeria, and! In Nigeria price in Nigeria raising its value to an African startup record of $ 17.27 you can stay to... Stock price target cut to $ 23 from $ 36 at Raymond James Aug. 22, at! 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Rights reserved we 've made shopping online easier, convenient and reliable into. Hand, seemed to launch in 2012 with a blanket approach to internet... Notice, and Cookie Notice the Motley Fool, © 2021 African Business Central stable approach to valuing companies unit! Using this site you agree to the everyday lives of Africans than 2020 Notice, and South Africa and a... Announced he ’ s buying the stock ( NASDAQ: AMZN ) of Africa '' long-term thesis remains intact arrivals... The summer, seemed to launch in 2012 with a blanket approach to companies... The internet of Use to $ 100, from its current level of 3.8bn. S first unicorn, was listed on the New York stock Exchange minutes or per Exchange requirements faces!

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