Jumia Technologies AGNYSE: JMIA

Jumia Technologies (JMIA) closed the most recent trading day at $7.28, moving +1.39% from the previous trading session.

Here is how Jumia Technologies (JMIA) and Sprouts Farmers (SFM) have performed compared to their sector so far this year.

LAGOS, NIGERIA / ACCESSWIRE / June 18, 2024 / Jumia Technologies, (NYSE:JMIA) ("Jumia"), a leading e-commerce platform in Africa, today announced that Francis Dufay, Chief Executive Officer, and Antoine Malliet-Mezeray, Executive Vice President of Finance and Operations, will participate in one-on-one meetings at the Northland Virtual Growth Conference on June 25, 2024. To schedule a one-on-one meeting with Mr.

Dublin, June 07, 2024 (GLOBE NEWSWIRE) -- The "Kenya Ecommerce Market Opportunities Databook - 100+ KPIs on Ecommerce Verticals (Shopping, Travel, Food Service, Media & Entertainment, Technology), Market Share by Key Players, Sales Channel Analysis, Payment Instrument, Consumer Demographics - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering. The E-commerce market in Kenya is expected to grow by 12.86% on annual basis to reach US$2.6 billion in 2024, growing steadily over the forecast period, recording a CAGR of 9.97% during 2024-2028. The E-commerce Gross Merchandise Value in Kenya is set to increase from US$2.3 billion in 2023 to reach US$3.8 billion by 2028.

Here is how Jumia Technologies (JMIA) and Sprouts Farmers (SFM) have performed compared to their sector so far this year.

Francis Dufay, CEO of Jumia, talks about the company's expansion in Nigeria and other African countries in an interview with Joumanna Bercetche on Horizons Middle East & Africa.

Laughing off e-commerce as a passing fad is ridiculous. While it may not be the top priority for investors focusing on generative AI, the market still has a lot of potential for significant growth in the future.

This is how Jumia Technologies (JMIA) and Kroger (KR) have fared in comparison to their industry in the current year.

Jumia Technologies delivered strong Q4 2023 results, confirming the company's turnaround and sustainable growth. CEO Francis Dufay highlighted the deliberate efforts behind Jumia's sustained performance and the shift towards sustainable growth. Jumia provided broad and open guidance for the future, aiming to reduce losses, increase orders and GMV, and improve cash efficiency.