Jumia Technologies AG Sponsored ADR Stock News

Jumia's Business Prospects: Personal Reflections And A Candid Conversation With The CEO

Jumia (JMIA -30.25%) stock is getting crushed in Thursday's trading. The e-commerce company's share price was down 29.5% as of 10:15 a.m.

Jumia Technologies AG (NYSE:JMIA ) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants Ignatius Njoku - Head of IR Francis Dufay - CEO Antoine Maillet-Mezeray - EVP, Finance & Operations Conference Call Participants Brad Erickson - RBC Capital Markets Operator Good morning, ladies and gentlemen. Thank you for standing by.

Strategic Initiatives Fuel Accelerated Growth in Orders and Active Customers Cost Discipline and Targeted Marketing Drive Further Operational Efficiency Gains LAGOS, NG / ACCESS Newswire / February 20, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the fourth quarter ended December 31, 2024. Results highlights for the fourth quarter...

Nigeria's loyalty market grew at a 20.5% CAGR from 2020-2024 and is projected to expand at a 16% CAGR from 2025-2029, increasing from $203.9M in 2024 to $437.3M by 2029. Nigeria's loyalty market grew at a 20.5% CAGR from 2020-2024 and is projected to expand at a 16% CAGR from 2025-2029, increasing from $203.9M in 2024 to $437.3M by 2029.

LAGOS, NIGERIA / ACCESS Newswire / February 10, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will release results for the fourth quarter and full year 2024 before the U.S. market opens on Thursday, February 20, 2025. Management will host a conference call to discuss the quarter's results at 8:30am ET on the same day.

Jumia's Q3 results exceeded expectations, showing growth despite significant currency headwinds, with GMV up 29% in constant-currency and revenue growing 9% in constant-currency. The company is refocusing on profitable markets, exiting South Africa and Tunisia, which only accounted for 2% of orders and 3% of GMV. Operational improvements, including a stronger balance sheet and increased focus o...

Jumia Technologies (JMIA 19.52%) stock surged in Thursday's trading. The African e-commerce company's share price ended the day's trading up 19.7% and had been up as high as 26.1% earlier in the session.