Advertisement
Australia markets open in 6 hours 43 minutes
  • ALL ORDS

    7,937.90
    +35.90 (+0.45%)
     
  • AUD/USD

    0.6487
    +0.0036 (+0.56%)
     
  • ASX 200

    7,683.50
    +34.30 (+0.45%)
     
  • OIL

    83.05
    +1.15 (+1.40%)
     
  • GOLD

    2,344.50
    -1.90 (-0.08%)
     
  • Bitcoin AUD

    102,775.69
    +450.80 (+0.44%)
     
  • CMC Crypto 200

    1,436.42
    +21.66 (+1.53%)
     

Will Jumia Stock Pay Off Big for Investors?

Will Jumia Stock Pay Off Big for Investors?

Jumia Technologies (NYSE: JMIA) hasn't escaped the 2022 bear market -- it's down 65% year to date, and it isn't hard to see why. Despite enjoying a first-mover advantage in Africa's e-commerce market, the Nigerian company has failed thus far to achieve profitability or rapid revenue growth. What is Jumia Technologies?