African E-Commerce giant, Jumia compounding losses even after order gains.

Pan-African e-commerce company Jumia released its third-quarter financial performance today, detailing a mix of expected and surprising results. When TechCrunch discussed the company’s Q2 2020 financials, Jumia had a market cap of a little over $2.1 billion, based on a per-share price of $22. Since then, Jumia has lost value, trading at just $17.52 per share before the … Continue reading African E-Commerce giant, Jumia compounding losses even after order gains.