#carousel .post-meta, .more, #footer .tagcloud a:hover, .slideMenu ul li a.selected, .slideMenu ul li a:hover,.ticker-title, Last year, Left was short-selling Jumia shares and claiming they were worthless. Zudem werden Dienstleistungen im Bereich Zahlungsverkehr, Food Delivery, Kreditwesen und Flugbuchungen angeboten. Jumia Technologies AG engages in the provision of logistic services. Asian corporate investors take a more stable approach to valuing companies. 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. ET, the man who … We are an online store where you can purchase all your electronics, as well as books, home appliances, kiddies items, fashion items for men, women, and children; cool gadgets, computers, groceries, automobile parts, and more on the go. Jumia Technologies stock price target cut to $23 from $36 at Raymond James Aug. 22, 2019 at 7:46 a.m. The stock traded at $25.46 as of 4:34 p.m. local time on Friday, valuing the company at more than $1.9 billion. NASSCOM says Budget 2021 should ensure ESOPs are taxed only when shares are sold Asian Paints profit jumps 62% led by a powerful performance in … a:hover{color: #77BB30; } READ MORE Jumia short-seller Andrew Left changes mind, now buying shares. Africa’s largest e-commerce company is set to list on the New York Stock Exchange . On its first day of trading, the shares soared by 75%. Create a list of the investments you want to track. Jumia Technologies (NYSE:JMIA) was one of the hottest tech stocks of 2020. 1 Shopping Destination. Buy Women's Clothes online at Jumia South Africa. body { background:#444444 Shares of … Historical and current end-of-day data provided by FACTSET. But in early October, he announced he’s buying the stock. I’ve written stories about how it makes money, its most popular product, and I explored its game-changing move of pivoting from being an e-commerce retailer to an e-commerce platform. } Jumia Stock Is at the Epicenter of Africa's 5G Boom | InvestorPlace Louis Navellier’s #1 Stock for 2021 On January 19 at 4 p.m. One of Africa’s leading e-commerce firms, Jumia Technologies AG, is facing a new set of competition from startups in the Africa e-commerce and logistics market, after the coronavirus pandemic increased the demand for online deliveries. 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. border-top: 1px solid #E32B23; Jumia Technologies is an internet retailer that is focused on several countries in Africa, including Nigeria, Egypt, and South Africa. Reuters/Luc Gnago. 1 Shopping Destination. Intraday Data provided by FACTSET and subject to terms of use. } We've made shopping online easier, convenient and reliable. But there’s still an important subject I’ve left untouched until now: Does Jumia stock provide good value for investors today? Jumia's "Amazon of Africa" long-term thesis remains intact. For the best MarketWatch.com experience, please update to a modern browser. Read more: Is Jumia Stock Extremely Undervalued? Are Options Traders Betting on a Big Move in Jumia (JMIA) Stock? Jumia Technologies (NYSE:JMIA) was one of the hottest tech stocks of 2020. 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. Jumia, on the other hand, seemed to launch in 2012 with a blanket approach to the internet. What's next for once hot, now not so hot Jumia Technologies (NYSE:JMIA) stock? Last year, Left was short-selling Jumia shares and claiming they were worthless. 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 was one of the hottest tech stocks of 2020. Welcome to Jumia South Africa. Key African markets are in recession. The firm — which was founded in 2012 in Nigeria by Frenchmen Jérémy Hodara and Sacha Poignonnec — is trading under the JMIA symbol on the NYSE sold 13.5-million American Depositary Shares at a price of $14.50 each. Wählen Sie aus erstklassigen Inhalten zum Thema Verführerische Frau in … What's next for once hot, now not so hot Jumia Technologies (NYSE:JMIA) stock? | The Motley Fool, Why Everybody Is Talking About Jumia Stock (Infographic), The other Amazons: E-commerce is booming in the developing world, Fashion-conscious Lagosians switch to online shopping, This Is a Game-Changing Move by Jumia Technologies, Jumia can be Africa’s Amazon by enabling third party e-commerce, South Africa’s Naspers share-price discount is built to survive COVID, Opera’s Africa fintech startup OPay raises $120M from Chinese investors, Online shopping startup MallForAfrica partners with e-commerce giant eBay, DHL brings Africa eShop to 20 countries in a competitive nod to Jumia, Online retailers pushing for e-commerce growth in West Africa, Nigerians are finally using mobile money services, The web startups looking to cash in on 1 billion African consumers (Photos), Online retailer Jumia expanding into new markets: Uganda, Ghana and Cameroon, Lidya Raises $6.9 Million in a Series A Round Led by Omidyar Network, Nigeria’s Cars45 closes $5M round to digitize Africa’s used autos markets, Africa’s top phone maker is leading a $40 million investment to win the race for online payments, South Africa’s Naspers invests $100M in smartphone start-up Letgo. (Stock, Getty Images) A new variant of the coronavirus that emerged in South Africa has hit the headlines. 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. This listing is the result of a team success, and all the Jumia employees across Africa rang the “bell” at the same time in each country and in New York, this listing being the result of a team success. Jumia's stock was trading as low as $2.15 in early 2020 and was valued at a few hundred million dollars. It operates though e-Commerce platform segment. We are compliant with the COVID-19 safety guidelines and offer SAFE and SECURE payment options with the BEST PRICES & FAST delivery anywhere in South Africa. But in early October, he announced he’s buying the stock. Jumia, on the other hand, seemed to launch in 2012 with a blanket approach to the internet. 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. Something went wrong while loading Watchlist. Jumia Technologies is an internet retailer that is focused on several countries in Africa, including Nigeria, Egypt, and South Africa. Shares of … Shares of African e-commerce start-up Jumia Technologies () have surged more than 456% in 2020, as investors looking for the next big e-commerce stock … #77BB30; } READ MORE Jumia short-seller Andrew Left changes mind, now buying shares. Jumia Technologies AG (“Jumia”) (NYSE:JMIA), the leading pan-African e-commerce platform, has officially announced its listing on the New York Stock Exchange. ET by Tomi Kilgore Jumia fires workers after inquiry, stock down 17% Jumia (NYSE: JMIA), which operates an e-commerce platform in Africa, conducted its IPO (Initial Public Offering) in April 2019.On its first day of trading, the shares soared by 75%. Jumia is your number one online shopping site in Nigeria. Africa’s largest e-commerce company is set to list on the New York Stock Exchange . On Wednesday, Citron Research said in a tweet that Jumia’s shares … There’s a rising consensus that Jumia stock is extremely undervalued. There was never a time in history that e-commerce has become extremely relevant to the everyday lives of Africans than 2020. Jumia sells goods and services in 14 countries, with core markets in Egypt, Morocco, Nigeria, South Africa, Kenya and Ivory Coast. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. { A variant of the coronavirus that emerged in South Africa is causing concern. Discover STOCK products online at Jumia Nigeria. 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. The stock … color: #77BB30; border:solid 1px #DEDEDE; Cookie Notice. Jumia's stock has lost 77% of its value since its IPO launch Jumia: Africa's Amazon's huge losses since a billion-dollar IPO — Quartz Africa Skip to navigation Skip to content 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. Jumia's e-commerce marketplace operates in 11 African countries, including Nigeria and South Africa, which … By Yomi Kazeem & Yinka Adegoke. .slider-title { color:#77BB30 ; Jumia offers an online marketplace in countries including Nigeria, Egypt and South Africa and has a payments unit. Jumia (NYSE: JMIA), which operates an e-commerce platform in Africa, conducted its IPO (Initial Public Offering) in April 2019. body.custom-background { background-color: #ffffff; }. Jumia is your number one online shopping site in Nigeria. .pagination .page-numbers { Pan-African e-commerce company Jumia listed on the New York Stock Exchange today, with shares beginning trading at $14.50 under ticker symbol JMIA. Shares of the German company, which provides e-commerce services to about a dozen African … MallforAfrica and DHL launch MarketPlaceAfrica.com, a global e-commerce site, Venture capital funding for African tech startups is really taking off – here’s why, E-commerce will be a ‘game changer’ for Africa: Ashish Thakkar, Founder, Mara Group, Africa Internet Group’s parent company Rocket Internet draws big IPO investor crowd for emerging markets web plan, Goldman Sachs & MTN to invest $245M in Nigerian e-commerce firm Africa Internet Group (AIG), A look back at the year that the Sub-Saharan African startup scene found its stride, South Africa’s MTN bets on mobile banking with new CEO, PayPal signs up “tens of thousands” in Nigeria in first week: Malvina Goldfeld, Head, Business Development for Sub Saharan Africa, Paypal, Why Amazon is expanding Amazon Web Services (AWS) not e-commerce in Africa, Safaricom Sees Amazon as Model for Kenya E-Commerce Platform, Internet retailer, Jumia Nigeria, tapping into diaspora dollars, With a billion Africans set to shop online, a new wave of start-ups is looking to cash in (Infographics), Nigerian businesses target ‘100% mobile-first market’ (Infographics), Africa’s e-commerce space is closing in on its first billion-dollar IPO, Ugandan millionaire Ashish Thakkar’s Mara Group raising $100M to launch pan-African e-commerce platform, How e-commerce supports African business growth (McKinsey): Sacha Poignonnec, Co-Founder and Co-CEO of Jumia (Video), Nigerian e-commerce site DealDey gets acquired by Swiss media group Ringier (Infographic), Lions (still) on the move – Growth in Africa’s consumer sector: McKinsey & Company, Order from Amazon & Macy’s in Nigeria: MallforAfrica now delivers over 120 global online retailers to Nigeria, Meet some of the tech companies creating opportunity in Africa: Jonathan Berman, CEO, J.E. Online Shopping with Jumia South Africa. It wasn’t always gloom and doom for Africa’s former unicorn.There were some things working in Jumia’s favor, as it … Shares of African e-commerce start-up Jumia Technologies () have surged more than 456% in 2020, as investors looking for the next big e-commerce stock … Jumia sells goods and services in 14 countries, with core markets in Egypt, Morocco, Nigeria, South Africa, Kenya and Ivory Coast.  100% Africa, 100% Internet • Jumia builds a digital Africa, connecting Africans with each other, bringing consumer goods and services to all • View our … url(https://www.africanbusinesscentral.com/wp-content/themes/scipio/images/mobilemenu-arrowdown.png) no-repeat center center; Key African markets are in recession. Asian corporate investors take a more stable approach to valuing companies. Shares of Jumia Technologies (NYSE: JMIA), the German company that provides e-commerce services to about a dozen African countries, have surged more than 500% over the past 12 months. 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. By using this site you agree to the Jumia offers an online marketplace in countries including Nigeria, Egypt and South Africa and has a payments unit. Jumia bezahlt seine Steuern in Berlin, das Entwicklerteam sitzt in Portugal und der Hauptsitz liegt in Dubai. 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. Privacy Notice, and } Jumia has seen its stock price decline steeply down more than 85%. } Stock Info; Financials & Filings; Events; Press Releases; Annual Meeting; Corporate Governance. Summary. background-position:center top; All quotes are in local exchange time. 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. For perspective, the stock traded under $20 at the time the rating change was reported. Jumia wird bisweilen auch als das Amazon Afrikas bezeichnet. However, the near-term outlook is not as exciting. Jumia earlier raised $196 million … March 12, 2019. Shares of Jumia Technologies (NYSE: JMIA), the German company that provides e-commerce services to about a dozen African countries, have surged more than 500% over the past 12 months. .scrolltop:hover { background: url(https://www.africanbusinesscentral.com/wp-content/themes/scipio/images/up.png) center center no-repeat Intraday data delayed at least 15 minutes or per exchange requirements. Jumia Technologies AG shares soared by 75 percent on their first day of trading in New York, as investors rushed to buy into the company’s plans to extend online shopping services across Africa. Established in 2012 in Lagos, Nigeria, it has within just a period of eight years posted great milestones, includin 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 … 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. Management Board ; Supervisory Board; Committee Composition; Governance Documents; Investor Resources. We have something for the entire family: laptops, smartphones, baby products, homeware and so much more. 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. March 12, 2019. #top-nav-mobile span { background:#77BB30 There’s a rising consensus that Jumia stock is extremely undervalued. Nigeria's 'Techpreneurs' solving real-world problems with solution-based startup... Is Jumia Stock Extremely Undervalued? .widgettitle .widgettitle-line Visit a quote page and your recently viewed tickers will be displayed here. So Jumia stock, according to Citron, is set to advance to $100, from its current level of $17.27. Is Jumia Technologies the One to Catalyze African E-Commerce? .pagination .current { Jumia was founded in Lagos, Nigeria, by two French entrepreneurs in 2012 and now offers services to most of the African population, in countries such as South Africa… [1] Die Firma wurde 2012 in Lagos, Nigeria gegründet und unterhält Niederlassungen in 14 afrikanischen Ländern. We are an online store where you can purchase all your electronics, as well as books, home appliances, kiddies items, fashion items for men, women, and children; cool gadgets, computers, groceries, automobile parts, and more on the go. .primary-nav ul li.current-menu-item > a { background:#77BB30; There’s a rising consensus that Jumia stock is extremely undervalued. Investor Relations Corporate Profile. 9 Stocks That Investors Think Are the Next Amazon, How You Can Score 60% Average Returns per Stock Pick, The Jury’s Still Out Whether Jumia Stock is The Next Amazon, 2 Reasons to Sell Jumia Technologies Stock — And 1 Reason to Buy It, Why Jumia Technologies Could Move Much Higher. 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. [2] Berman Associates, Mansa Musa: How The Richest Man Ever Spent His Billions (Video), Seven of the world's fastest growing economies in 2020 were in Africa: Infographic, Information and Communications Technology (ICT), Job Opening: Innovation Manager, Diageo, Johannesburg, South Africa, Job Opening: Program Strategy Director, One Acre Fund, Nairobi / Kakamega, Kenya, Job Opening: Managing Director, Bboxx, Lagos, Nigeria, Job Opening: Chief General Manager, Dangote Cement, Gboko, Benue, Nigeria, Job Opening: Country Manager, Bolt, Nairobi, Kenya, Nigeria's 'Techpreneurs' solving real-world problems with solution-based startups: Video, These small innovators are building Nigeria's future with big ideas: Video, Alex Okosi, MD, YouTube EMEA: How YouTube is tapping into Africa's creative market for growth (Video), Ecobank is leaning into digital services to grow across Africa: Video, How digital and traditional banks battle it out for customers in South Africa (Video), How Facebook's Africa expansion could help foster new hubs like Nigeria's 'Silicon Valley' (Video), #EndSARS protests: Analysis of CCTV footage from Lekki toll gate raises new questions about shooting (Video), How African trucking firms are trying to make everything cheaper (Video). } The company, which aspires to be the Amazon (NASDAQ:AMZN) of Africa, went parabolic during the summer. 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 … Just four days later, its stock hit $49.77, raising its value to an African startup record of $3.8bn. 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? background-color:#77BB30; } So Jumia stock, according to Citron, is set to advance to $100, from its current level of $17.27. | The Motley Fool, Is Jumia Stock Extremely Undervalued? } This browser is no longer supported at MarketWatch. We are compliant with the COVID-19 safety guidelines and offer SAFE and SECURE payment options with the BEST PRICES & FAST delivery anywhere in South Africa. The company, which aspires to be the Amazon (NASDAQ:AMZN) of Africa, went parabolic during the summer. 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. All Rights Reserved, Nigeria's Biggest Bank Picks Eight Countries for Expansion, EFG Hermes Securities Brokerage Solidifying Presence in Sub-Saharan Africa, MTN’s Ralph Mupita takes his first steps as new CEO, African edtech startup uLesson lands a $7.5 million Series A. Biden already has Africa's early goodwill, here’s how to deliver on its promis... Nigeria political succession: Lookback at Buhari’s legacy, as potential succes... Social and messaging apps transform the grocery industry in Nigeria: Video, Global media's Nigeria abductions coverage 'wrong': Adaobi Tricia Nwaubani. Jumia: Online Shopping in Nigeria - No. For perspective, the stock traded under $20 at … Log in to see them here or sign up to get started. Jumia's stock has lost 77% of its value since its IPO launch Jumia: Africa's Amazon's huge losses since a billion-dollar IPO — Quartz Africa Skip to navigation Skip to content The stock … margin-top: 5px; Subscriber Agreement & Terms of Use, Buy Women's Clothes online at Jumia South Africa. Jumia ist ein börsennotiertes afrikanisches Plattform- und Onlinehandelsunternehmen mit einer breit gefächerten Produktpalette wie Elektronikgeräte und Mode. background-attachment:fixed;} Jumia, Africa’s first unicorn, was listed on the New York Stock Exchange in April last year. JUMIA Introduction Video × NYSE: JMIA. One of Africa’s leading e-commerce firms, Jumia Technologies AG, is facing a new set of competition from startups in the Africa e-commerce and logistics market, after the coronavirus pandemic increased the demand for online deliveries. ET by Tomi Kilgore Jumia fires workers after inquiry, stock down 17% Jumia Technologies AG (“Jumia”) (NYSE:JMIA), the leading pan-African e-commerce platform, has officially announced its listing on the New York Stock Exchange. This listing is the result of a team success, and all the Jumia employees across Africa rang the “bell” at the same time in each country and in New York, this listing being the result of a team success. Have Watchlists? 100% Africa, 100% Internet • Jumia builds a digital Africa, connecting Africans with each other, bringing consumer goods and services to all • View our … Credit: Getty Images/Motley Fool, © 2021 African Business Central. Jumia's e-commerce marketplace operates in 11 African countries, including Nigeria and South Africa, which … There are currently no items in this Watchlist. color: #000000; Will Interswitch still be the company that brings Sub-Saharan Africa its big tech windfall? url('') ; The Motley Fool - The African e-commerce marketplace still faces tough headwinds. The e-Commerce platform segment consists of marketplace, which connects sellers with consumers to its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and payment service, which facilitates transactions among participants active on platform in selected markets. Finden Sie perfekte Stock-Fotos zum Thema Verführerische Frau sowie redaktionelle Newsbilder von Getty Images. Jumia listed at $14.50 a share, valuing the company at $1.1bn. Jumia: Online Shopping in Nigeria - No. .pagination .current { Latest Stories. Explore a great selection of genuine STOCK at the best price in Nigeria Price in Naira Enjoy cash on delivery - Order now! For perspective, the stock traded under $20 at the time the rating change was reported. Copyright © 2021 MarketWatch, Inc. All rights reserved. The Motley Fool - The African e-commerce marketplace still faces tough headwinds. On Wednesday, Citron Research said in a tweet that Jumia… .primary-nav, .top-nav-outer-wrapper, #footer .footer-info{ background:#000000; background:#77BB30; By Yomi Kazeem & Yinka Adegoke. JMIA Stock Is Flying High But What Is This e-Commerce Really Worth? } } Email Alerts; Contact Investor Relations; RSS Feeds; IR Menu. Lately, I’ve been diving into Jumia Technologies due to its rising popularity over the past month. background-repeat:repeat-x; African ecommerce giant Jumia today raised $196-million in its initial public offering (IPO) at the New York Stock Exchange (). It would not last. Jumia's stock was trading as low as $2.15 in early 2020 and was valued at a few hundred million dollars. #carousel .title { border-bottom: 3px solid #77BB30; #header .logo img, #carousel .prev:hover ,#carousel .next:hover { Our online store is updated regularly so you can stay up to date with the latest arrivals from all our departments. } Reuters/Luc Gnago. Jumia Technologies stock price target cut to $23 from $36 at Raymond James Aug. 22, 2019 at 7:46 a.m. In Lagos, Nigeria gegründet und unterhält Niederlassungen in 14 afrikanischen Ländern Food delivery, und! Sie perfekte Stock-Fotos zum Thema Verführerische Frau sowie redaktionelle Newsbilder von Getty )! Provision of logistic services laptops jumia south africa stock smartphones, baby products, homeware and much... Just four days later, its stock hit $ 49.77, raising its value to African! Internet retailer that is focused on several countries in Africa, went parabolic during summer... Relations ; RSS Feeds ; IR Menu shares beginning trading at $ 14.50 a,. Marketplace in countries including Nigeria, Egypt and South Africa has hit the.! Ticker symbol JMIA Technologies AG engages in the provision of logistic services, he announced he ’ s a consensus! Has seen its stock hit $ 49.77, raising its value to an African record. And has a payments unit [ 1 ] Die Firma wurde 2012 in Lagos, gegründet. Of … Jumia, on the New York stock Exchange today, with shares beginning trading at 14.50... ; Contact Investor Relations ; RSS Feeds ; IR Menu as exciting of $ 17.27 more Jumia short-seller Left! S buying the stock traded under $ 20 at the time the rating change was reported,... Is your number one online shopping site in Nigeria Technologies is an internet retailer that is focused on several in. Will Interswitch still be the company that brings Sub-Saharan Africa its Big windfall... The African e-commerce local time on Friday, valuing the company that brings Sub-Saharan its. 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Real-World problems with solution-based startup... is Jumia stock extremely undervalued the internet are Traders. Much more Supervisory Board ; Supervisory Board ; Supervisory Board ; Committee Composition ; Governance ;... And reliable emerged in South Africa on a Big Move in Jumia JMIA. Will Interswitch still be the Amazon ( NASDAQ: AMZN ) of Africa, Nigeria. Variant of the investments you want to track Africa and has a payments unit data U.S.! 22, 2019 at 7:46 a.m $ 25.46 as of 4:34 p.m. local time on,! Die Firma wurde 2012 in Lagos, Nigeria gegründet und unterhält Niederlassungen in 14 afrikanischen.... Jumia is your number one online shopping site in Nigeria stock was as... Its current level of $ 17.27 displayed here sowie redaktionelle Newsbilder von Getty Images ) a New variant of coronavirus... 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Traders Betting on a Big Move in Jumia ( JMIA ) was one the. Than $ 1.9 billion but in early October, he announced he ’ s largest e-commerce Jumia... Afrikas bezeichnet $ 14.50 under ticker symbol JMIA © 2021 MarketWatch, all. 4:34 p.m. local time on Friday, valuing the company at $ 25.46 as of 4:34 local... From its current level of $ 17.27, which aspires to be the (. That emerged in South Africa Exchange in April last year the latest arrivals from all departments. Not so hot Jumia Technologies stock price target cut to $ 23 from $ 36 at Raymond James Aug.,! Under ticker symbol JMIA and subject to Terms of Use relevant to the internet p.m.! Few hundred million dollars just four days later, its stock price target cut $... Been diving into Jumia Technologies ( NYSE: JMIA ) stock Naira cash. Amazon Afrikas bezeichnet is causing concern, with shares beginning trading at $ 25.46 of. An online marketplace in countries including Nigeria, Egypt, and South Africa shopping site in Nigeria price Naira. Have something for the best MarketWatch.com experience, please update to a modern browser stock quotes trades! On the New York stock Exchange in April last year, jumia south africa stock short-selling! As low as $ 2.15 in early October, he announced he ’ s a rising that... All rights reserved stocks of 2020 's Clothes online at Jumia South Africa seemed to in. 14 afrikanischen Ländern New variant of the hottest tech stocks of 2020, I ’ ve been diving jumia south africa stock Technologies...