Jumia: Africa's answer to Amazon – Orders increase by 30% year-over-year
Reading Time: 3 minutes
When thinking of the e-commerce megatrend, most people immediately have stocks like Amazon or Alibaba in mind. However, with Jumia Technologies, the portfolio could be enhanced by a value that can provide exciting regional diversification. The platform-based technology company serves as the interface in Africa between consumers, merchants, logistics providers, and payment services. With this Amazon-inspired concept, Jumia is on track for double-digit revenue growth by 2026. After a price crash of nearly 90% from mid-2024, the stock price is now...
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