Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Jumia Stock Surged Today

TheMotleyFool

0 0

Why Jumia Stock Surged TodayPhoto, wide shot, wide-angle lens, Restaurant, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/6d1f34ee-79e7-4628-b30f-0a4597808d61.png

Shares of Jumia Technologies (NYSE: JMIA) spiked on Thursday after the Africa-focused online retail platform demonstrated marked progress toward its profitability goals.

Image source: Getty Images.

Jumia's quarterly active customers jumped 24% year over year 2.5 million in the first quarter. Those customers are also shopping on Jumia's marketplace more often. Orders of physical goods leaped 30% to 5.9 million.

Source Fool.com

Like: 0

JMIA

Share