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Jumia's share price sank more than 50% in one week after the report was published. [74] Citigroup, one of Jumia’s IPO underwriters, released a report debunking most of Citron’s allegations but noted that, “Jumia could do more to provide disclosure on some aspects of its operations, as a matter of transparency and best practice.” [75] [76]
Jumia Technologies AG (NYSE: JMIA) shut down its office in Dubai and migrated senior management to the African countries they control to cut losses and redirect the company after its founders quit ...
Jumia stock soared today, but it's still down 69% from the 52-week high it hit earlier this year. ... Jumia Technologies (NYSE: JMIA) stock surged in Thursday's trading. The African e-commerce ...
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The Jumia Travel website operates out of 10 local offices across Africa (in Lagos (Nigeria), Accra (Ghana), Dakar (Senegal), Abidjan (Ivory Coast), Algiers (Algeria), Douala (Cameroon), Kampala (Uganda), Dar Es Salaam (Tanzania), Nairobi (Kenya) and, Addis Ababa (Ethiopia)) as well as offices in Europe, in Porto (Portugal) and Paris (France) and 3 regional headquarters in its main African ...
I’ve written about Jumia (NYSE:JMIA) before where I examined the company’s disappointing short-term results. Investors get so wrapped around short-term thinking that they tend to forget the ...
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us