Jumia Technologies AG (JMIA)
Why Jumia Stock Is Plummeting Today
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 (JMIA) Q4 2024 Earnings Call Transcript
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.
Jumia Technologies (JMIA) Declines More Than Market: Some Information for Investors
Jumia Technologies (JMIA) closed at $4.15 in the latest trading session, marking a -0.24% move from the prior day.
Jumia Technologies (JMIA) Stock Falls Amid Market Uptick: What Investors Need to Know
Jumia Technologies (JMIA) closed at $4.01 in the latest trading session, marking a -1.72% move from the prior day.
Here's Why Jumia Technologies (JMIA) Gained But Lagged the Market Today
The latest trading day saw Jumia Technologies (JMIA) settling at $3.84, representing a +0.52% change from its previous close.
Jumia Technologies (JMIA) Falls More Steeply Than Broader Market: What Investors Need to Know
Jumia Technologies (JMIA) concluded the recent trading session at $3.74, signifying a -1.06% move from its prior day's close.
Jumia Technologies (JMIA) Exceeds Market Returns: Some Facts to Consider
The latest trading day saw Jumia Technologies (JMIA) settling at $3.95, representing a +1.28% change from its previous close.
Jumia: Cleaning Up The Business For 2025
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 on higher-margin products, are starting to stabilize Jumia's business trends.
Why Jumia Stock Skyrocketed Today
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.
Jumia Releases Preliminary KPIs For The Two Months Ended November 30, 2024; Announces Successful Black Friday Event
Orders totaled 4.3 Million for the Two Months Ended November 30, 2024; Up 18% Year-Over-Year Physical Goods Orders Grew 17% during the Two Months Ended November 30, 2024 to 3.9 Million With 2.5 Million Physical Goods Orders Placed During Jumia's Successful Black Friday Event LAGOS, NIGERIA / ACCESSWIRE / December 5, 2024 / Today, Jumia Technologies AG (NYSE:JMIA) ("Jumia", the "Company") announced preliminary unaudited results of selected KPIs for the two months ended November 30, 2024, including the performance of select KPIs relating to the Company's annual Black Friday event, which ran from November 1 through November 30, 2024. All reported preliminary KPIs exclude results from South Africa and Tunisia, reflecting the Company's recently announced exit from these markets by year end 2024.
Jumia Egypt Partners with Premium Card to Support E-commerce Growth in Egypt
Collaboration Offers Customers Diverse Payment Solutions and Flexible Installment Plans Through JumiaPay CAIRO, EGYPT / ACCESSWIRE / November 18, 2024 / Jumia Technologies AG (NYSE:JMIA), a leading e-commerce platform in Egypt, today announced a strategic partnership with Premium International for Financial Services, "Premium Card", a company specializing in diverse payment solutions to enhance the online shopping experience and provide exceptional benefits to customers. "We are excited to announce this strategic partnership with Premium Card, which represents a significant opportunity to expand our service offerings.
A Fresh Reset For Jumia Technologies
Jumia's Q3 results showed mixed performance with positive growth in active customers and GMV but increased cash usage and EBITDA loss due to strategic investments. Warehouse consolidation and increased marketing spend temporarily raised costs but are expected to drive efficiency and growth in 2025. Expansion beyond major cities in Nigeria is promising, with upcountry orders growing 22%, highlighting Jumia's resilience in tough economic conditions.
