JMIA - Jumia Technologies AG

NYSE - NYSE Delayed Price. Currency in USD
10.55
-0.39 (-3.56%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close10.94
Open10.77
Bid0.00 x 1000
Ask11.18 x 1800
Day's Range10.46 - 11.08
52 Week Range9.99 - 49.77
Volume548,705
Avg. Volume918,148
Market Cap797.718M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est25.52
Trade prices are not sourced from all markets
  • Amazon of Africa Van Drivers Battle Hardships on Lagos Streets
    Bloomberg

    Amazon of Africa Van Drivers Battle Hardships on Lagos Streets

    (Bloomberg) -- Faulty payment systems, patchy phone-network coverage, parking woes and unreliable customers: Just a day in the life of a typical delivery driver for Jumia Technologies AG in Lagos.The company dubbed ‘Africa’s Amazon’ employs about 700 people in Nigeria to deliver goods including laptops, jewelry and high-heeled shoes to customers in offices, factories, and even bus stops around towns including the country’s sprawling commercial capital. The process can be a chaotic affair, and much can go wrong.“I am happy when I don’t have any point-of-sale issue or problems on my phone, because sometimes the network is poor,” Umoru Yusuf, a Jumia driver, said as he clutched the wheel of his branded gray van. “Sometimes, about 10 customers can call to say they are no longer interested in purchasing an item, so they cancel their orders.”It’s easy to see why Jumia’s investors have a concern over the company’s high level of failed deliveries across its 14 countries -- some 40%, including cancellations and returns -- and question the viability of ordering goods online and having them delivered in major African cities. The skepticism is evident in the share price, down about 25% since its high-profile initial public offering in New York in April.During a four-hour journey with the 39-year-old Yusuf between 10 a.m. and 2 p.m. on Sept. 9, packages were delivered to eight customers, including workers at the local operations of drinks giant Coca-Cola Co. and chocolate maker Cadbury Nigeria Plc. Locating recipients was one problem -- involving an average 15-minute wait and multiple phone calls -- and that was before the mobile-payment system stopped working.Bank RunWhen that happened, Yusuf had to drive a customer to an ATM to withdraw about 140,000 naira ($386) in cash. That increases the safety risk, as drivers have to count large wads of notes in public spaces. Sometimes, he just gives up and goes back to HQ.Jumia’s main solution to the issue is the development of Jumia Pay, a more reliable mobile-payment platform that can be used to transfer funds up front. “Up to 75% of our business in Africa is pay on delivery and 25% is pre-paid,” Tolulope George-Yanwah, services country manager for Nigeria, said in an interview. The latter number should “improve month-on-month due to Jumia Pay -- a lot of people are adopting it,” she said.Founded by former McKinsey & Co. consultants Sacha Poignonnec and Jeremy Hodora in 2012, Jumia has grown a customer base to more than 4.8 million people across 14 African countries. The company’s widening losses to 66.7 million euros in the second quarter have contributed to the share-price weakness, as has a damning analyst report by short seller specialist Citron, which highlighted the cancellation levels among other warning signs.‘Negative Picture’Citron took “some of the risk factors that we have volunteered in our prospectus and just tried to paint a negative picture,” Chief Executive Officer Poignonnec said in an interview. “The best thing we can do is to continue to execute our strategy and show that we are a very good company and we deliver very good results.”Another issue for the CEO to address is corruption. Jumia said last month it identified improper transactions involving a team of Nigerian sales consultants called J-Force that amounted to as much as 4% of first-quarter sales.“If there is a fraud case, it’s our job to identify it, solve it, and create a remediation plan so that it does not happen again,” the CEO said.For driver Yusuf, the main priority is to successfully deliver the items to recipients, as that is the measure that decides his pay. Customers who don’t meet him or change their mind about their purchase directly impact his salary.“It is when I deliver I get paid,” he said. “I can’t be happy when I return items.”\--With assistance from Loni Prinsloo.To contact the reporter on this story: Tope Alake in Lagos at talake@bloomberg.netTo contact the editors responsible for this story: John Bowker at jbowker2@bloomberg.net, Giles TurnerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Africa’s Amazon Enlists Andre Iguodala to Boost U.S. Profile
    Bloomberg

    Africa’s Amazon Enlists Andre Iguodala to Boost U.S. Profile

    (Bloomberg) -- Jumia Technologies AG is struggling to convince U.S. investors it can build a successful e-commerce business in Africa, with the shares down 23% since a New York initial public offering in April.U.S. basketball star Andre Iguodala thinks he can fix that.“I’m trying to help American investors understand and be more aware of the company,” the 35-year-old three-time NBA champion said in an interview in Lagos, Nigeria, after a meeting with local tech entrepreneurs. “They don’t quite have an understanding of a different market like Africa -- I am bringing the knowledge.”Iguodala is no stranger to the technology startup scene, having invested in a string of U.S. companies including Lime, which allows the user to book scooters through an app, online sneaker-retailer GOAT and mens-health firm Hims. He joined Jumia’s board in March, when the then-unlisted company was still a rare African unicorn -- a private company valued at more than $1 billion -- though he isn’t an investor himself.It’s been a rocky road for Jumia since its IPO, as an initial burst of enthusiasm for the group dubbed Africa’s Amazon was derailed by a damning report by short-sellers Citron. Questions have been raised about losses, cash burn and the company’s own admission that members of its Nigerian sales team have been guilty of financial wrongdoing.Read More: Jumia Finds Wrongdoing in Nigeria Sales Force as Loss Widens“As a board member, we are making sure that we are holding everyone accountable,” said Iguodala, who was traded to Memphis Grizzlies from Golden State Warriors in July. “We will make sure everything is out there in the open, handled accordingly and done the right way.”While the basketball player has been coy over his plans since leaving Golden State, he hints that a move to become a full-time tech investor may not be far away. He won titles with the California franchise in 2015, 2017 and 2018 but became part of an exodus that included star forward Kevin Durant.Retirement “could be tomorrow. I have some mentors who tell me to play for five more years, but I won’t play that long,” Iguodala said. “I am really excited about the business side. I prefer challenges -- basketball isn’t that challenging anymore.”With Jumia, a company with almost 5 million customers across 14 African countries, Iguodala plans to see the business through to profitability. Chief Executive Officer Sacha Poignonnec, a French former McKinsey & Co consultant who co-founded the business in 2012, has set a target of 2022.“Once we clear these hurdles to being profitable, everyone is going to start flocking here as well,” Iguodala said, referring to Africa.Jumia shares gained 1.7% to $11.11 on Friday, valuing the business at $871 million.(Updates with Jumia shares in final paragraph)To contact the reporter on this story: Tope Alake in Lagos at talake@bloomberg.netTo contact the editors responsible for this story: Anthony Osae-Brown at aosaebrown2@bloomberg.net, John Bowker, Thomas PfeifferFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • DHL expands Africa eShop online retail app to 34 countries
    TechCrunch

    DHL expands Africa eShop online retail app to 34 countries

    DHL has expanded its DHL Africa eShop business to 13 additional markets,upping the presence of the global shipping company’s e-commerce platform to 34African countries

  • Can Jumia Earn Back Its Amazon of Africa Title?
    Motley Fool

    Can Jumia Earn Back Its Amazon of Africa Title?

    When Jumia went public, investors rushed to participate in this African tech IPO. Shortly after, a report on fraud allegations damaged the company’s brand. Can Jumia earn back its title as the Amazon of Africa?

  • Motley Fool

    What Makes the Disney-Target Partnership So Magical

    Pairing the content monolith with the higher-end retail giant will mean great things for both companies.

  • 7 Stocks That Wall Street Thinks Could Rise 50% Or More
    InvestorPlace

    7 Stocks That Wall Street Thinks Could Rise 50% Or More

    Wall Street analysts don't always get it right. After all, behind the Wall Street allure, they are just people -- like you and me -- doing their best to predict future stock prices, which is, for what it's worth, one of the harder things to predict in the world.Still, investors would be wise to listen to Wall Street analysts. Don't treat their recommendations like a crystal ball. Instead, take them with a grain of salt. But, still take them, because these are smart people with a lot of resources who are doing their best to get it right.Investors should listen in particular when Wall Street analysts are either super bullish -- or super bearish -- on a stock, because this indicates that a group of trained and equipped individuals are screaming "Buy" or "Sell". In this article, we will focus on the former.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSpecifically, we are going to take a look at seven stocks that Wall Street analysts think can rally 50% or more over the next 12 months. Specifically, we'll look at stocks that have a consensus sell-side, forward 12-month price target that is 50% or more above the current stock price. * 10 Companies Using AI to Grow Will all these stocks rally 50% or more over the next 12 months? No. But some could, which would make them some of the best stocks to invest in now. And that alone makes the group worth looking at. Wall Street's Best Stocks With 50%-Plus Upside: AMC Entertainment (AMC)Source: Helen89 / Shutterstock.com Price Target (according YCharts): ~$16.50Current Price: ~$11Implied Upside: Roughly 50%One beaten up stock which Wall Street is particularly optimistic about is AMC Entertainment (NYSE:AMC).AMC stock has been beaten and bruised in 2019, as shares have tumbled more than 40% over the past 52 weeks to what are essentially all-time lows. The culprit? A sluggish first half 2019 box office, which reinvigorated fears that the movie theater business is a dying one, and that AMC is a dying company.But, the box office has picked up steam in July and August -- thanks mostly to the latest Spider-Man movie -- and most industry insiders and analysts project this newfound strength to persist into the back-half of 2019, led by a new Frozen movie and a new Star Wars movie. That's why analysts haven't thrown in the towel just, and have a $16.50 consensus price target on the stock -- roughly 50% above where the stock trades today.The thesis? As the box office rebounds in the back-half of 2019, investors will realize that movie theater apocalypse fears were overstated. They will rush back into AMC stock, pushed by the fact that the stock is trading at a huge discount to its average valuation. This rush will cause AMC stock to fly higher.I 100% agree. As such, I think Wall Street has it right here. Buy AMC stock before the second half rebound. Uber (UBER)Source: NYCStock / Shutterstock.com Price Target: ~$52Current Price: ~$33Implied Upside: Nearly 60%Another beaten up stock that Wall Street is still highly optimistic on is Uber (NYSE:UBER).The ride-share giant has had an awful time as a public company. The IPO was a dud, with UBER stock closing below its $45 IPO price in its first day of trading. Not a good start. The stock has since spent very little time above that IPO price, and following a bad earnings report in early August, has dropped all the way to $33.That's a long way from $45. But, analysts are still broadly optimistic, with a $50-plus consensus price target on the stock, representing nearly 60% upside from today's level.The thesis? Near-term weakness is noise. In the big picture, the ride-sharing market projects to be huge, and Uber projects as the leader in that market given its liquidity network advantage -- more drivers equals more riders, which equals more drivers. That market will rationalize as its matures -- as most markets do -- and Uber's promotional activity will ease up, creating runway for gross margins to move higher. Big revenue growth will concurrently drive positive operating leverage. Operating margins, therefore, have visibility to be sizable one day. As do revenues. That combination implies big profits at scale, which aren't priced in today. * The 10 Biggest Winners From Second-Quarter Earnings Again, I 100% agree with that thesis. Uber is a long-term growth company going through some growing pains right now. The big picture fundamentals remain healthy, and in the long run, this company (and the stock) will do very well. Jumia (JMIA)Source: Christopher Penler / Shutterstock.com Price Target: ~$25.50Current Price: ~$12Implied Upside: Over 100%Yet another beaten and bruised stock that Wall Street hasn't give up hope on is Jumia (NASDAQ:JMIA).Jumia is a rapidly growing African e-commerce platform. From that alone, the bull thesis is very simple. Africa is the last great frontier of the global technology revolution, with an internet penetration rate below 40% (the rest of the world is above 60%). But, over the next decade, the global technology revolution will sweep through this last frontier, sparked by more widespread and affordable internet access, cheaper smartphones and private and public investment into the space. This revolution will dramatically grow and expand Africa's digital economy, of which e-commerce is one of the biggest components.Jumia is at the epicenter of Africa's e-commerce market, with over $1 billion in GMV and nearly 5 million active buyers across multiple countries. As such, the bull thesis is that as Africa's e-commerce market surges over the next several years, so will Jumia -- with the end result being that Jumia turns into the Alibaba (NYSE:BABA) or JD.Com (NASDAQ:JD) of Africa. Those are $40 billion-plus companies. Jumia has a market cap of under $1 billion. Thus, the long-term upside potential is compelling.But, there are a bunch of red flags here. Specifically, short-seller Citron has claimed that the company's numbers are fake -- they book fake orders, book cancelled orders (which account for a large volume of total orders), rarely ever deliver an actual package and dramatically overstate GMV, among other things. The evidence is hard to refute here. That's why investors have listened with both ears, and why JMIA stock has tumbled from $50 to $10 over the past few months.Analysts think it will rebound. I think it could. But, I also think that before it rebounds, management has to more appropriately address the fraud allegations. Until they do, I'm unconvinced that JMIA stock can stage a big rebound. Stitch Fix (SFIX)Source: Sharaf Maksumov / Shutterstock.com Price Target: ~$36Current Price: ~$19Implied Upside: About 90%Investors seem to have thrown in the towel on online personal styling service Stitch Fix (NASDAQ:SFIX). Wall Street hasn't.The bull thesis is pretty simple. Stitch Fix saves money and enhances consumer convenience. On the consumer convenience front, Stitch Fix makes it so consumers don't have to worry about what to wear, or how to find the clothes they want to wear. Stitch Fix does all the styling for you, and sends the clothes to your front door. On the saving money front, Stitch Fix does all of that for just $20 per month, and that fee is mostly for the personal styling. The clothes are essentially "free" -- you don't have to buy any of the clothes Stitch Fix sends you. Instead, you buy what you like, and send back the rest.Seems like a solid value prop. Consumers should fall in love with that service, and as they do, Stitch Fix will disrupt the entire retail landscape, which will result in huge revenue and profit growth, the likes of which will power SFIX stock higher.That's what analysts think. They have a $36 price target on SFIX stock -- 90% above today's price tag.But, the bear thesis here shouldn't go unnoticed. It can be summed up in a few words: people don't care that much about what they wear. Most consumers won't find an extra $20 a month to shuffle out to personal styling, and those who do amount to a small group, of which Stitch Fix is already dominating. Thus, where does the growth come from? * The 10 Biggest Winners From Second-Quarter Earnings I don't buy this bear thesis, yet, at least. Stitch Fix has 3.1 million active clients. There are about 340 million people in the U.S. Thus, Stitch Fix is at less than 1% penetration. That's too low. In my personal circle, I can think of more than one in a hundred people who would pay for Stitch Fix. Consequently, I don't think this growth narrative is over -- on the contrary, it may just be getting started. Canopy Growth (CGC)Source: Shutterstock Price Target: ~$45Current Price: ~$25Implied Upside: About 80%Pot stocks have been killed over the past few months by a slew of bad news across the industry. Cannabis industry leader Canopy Growth (NYSE:CGC) has been no exception to this trend. Instead, it has been hit the worst. But, analysts remain largely optimistic about the company's long-term growth prospects.Once upon a time, CGC was a $50 stock with a bunch of promise. Canopy dominated the Canadian cannabis market without challenge. The CEO was promising $1 billion in revenue soon. They had announced their intention to explode onto the U.S. cannabis scene with the acquisition of Acreage (once cannabis became federally legal).That was several months ago. Today, the story is much different. Canopy has reported disappointing quarters back-to-back, which in sum paint a picture of a cannabis giant losing its lead. The CEO who promised $1 billion in revenue was canned and that $1 billion target looks more elusive than ever now. All has gone quiet on the U.S. front. CGC stock has consequently been cut in half, dropping from $50 to $25.Analysts are advising investors to mostly look at the big picture here. Canopy is in the first inning of a long-term growth narrative. A lot of what happens today will amount to nothing more than noise in a decade. As such, investors should pay attention to the core long-term growth fundamentals. Those remain broadly healthy. Cannabis still projects to be a huge market, Canopy still has the biggest balance sheet in the industry, they are still the sales leader, they still have the biggest production capacity, and they are still backed by a global alcoholic beverage giant.Net net, analysts think that Canopy still projects as the leader in what will amount to a massive global cannabis market in a decade. I agree. That's why I think recent weakness in CGC stock is a long-term opportunity. Groupon (GRPN)Source: Ken Wolter / Shutterstock.com Price Target: ~$3.75Current Price: ~$2.25Implied Upside: Over 65%The only penny stock that found its way on this list is discount platform Groupon (NASDAQ:GRPN).Groupon wasn't always a penny stock. Earlier this decade, GRPN stock was trading hands above $20. But, it has since plunged into penny stock territory because the online discounts market has proven more niche than investors originally thought. That is, in a world where companies often run their own discounts on their own websites, a third-party discount code aggregator isn't all that important.That's why Groupon's active user base has shrunk -- not grown -- over the past several quarters. Revenues have dropped. So have profits. As has GRPN stock.Analysts think a rebound is coming, with a consensus sell-side price target that stands over 65% above the current GRPN stock price. That's because Groupon is pushing forward on a local-focused and mobile-driven growth strategy that has potential to reinvigorate growth and stabilize margins. * 7 Stocks the Insiders Are Buying on Sale This strategy may work. But, because Groupon has been a losing stock for so long, investors won't believe it until they see it. Right now, investors can't see it (last quarter's numbers were bad). As such, for the foreseeable future, I don't see GRPN stock rebounding in a big way. Skechers (SKX)Source: ThamKC / Shutterstock.com Price Target: ~$43Current Price: ~$28Implied Upside: Over 50%Last, but not least, on this list of stocks which Wall Street thinks can rally 50% or more is athletic footwear brand Skechers (NYSE:SKX).SKX stock soared to $40 in late July after the company reported very strong second-quarter numbers that included robust revenue growth, strong margin expansion, big profit growth and a healthy third-quarter guide. But the stock has since given up all of those gains -- and then some -- because of escalating trade tensions, of which Skechers finds itself at the epicenter due to its global growth narrative.Analysts think this trade war selloff is over done, with a $43 price target on the stock -- 50% above today's price tag. I agree with these bullish analysts.Skechers is a great company that dominates the mid-price niche in the global athletic apparel market. This great company is firing on all cylinders right now, because the company is doubling down on its vastly under-penetrated international opportunity. Revenues are running higher. Margins are expanding. Profit growth is as big as it has been in a long time.And yet, SKX stock trades at a depressed 13-times forward earnings. That's too cheap for this double-digit revenue grower with upside margin drivers. As such, once trade tensions ease -- and they are already starting to -- SKX stock should soar in a big way.As of this writing, Luke Lango was long AMC, UBER, BABA, JD, SFIX, CGC and SKX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Industry Dividend Stocks for Growth and Income * 7 Stocks the Insiders Are Buying on Sale * 7 of the Worst Stocks on Wall Street The post 7 Stocks That Wall Street Thinks Could Rise 50% Or More appeared first on InvestorPlace.

  • Jumia wants to spin off its payments business as it struggles to stem mounting losses
    Quartz

    Jumia wants to spin off its payments business as it struggles to stem mounting losses

    With its core e-commerce business still racking up losses, Jumia is looking to its payments app for long-term revenue boosts.

  • Why Jumia Technologies Stock Fell Today
    Motley Fool

    Why Jumia Technologies Stock Fell Today

    Shares of the African e-commerce operator dropped again after revealing more problems with its accounting practices.

  • JUMIA TECHNOLOGIES AG (JMIA) Q2 2019 Earnings Call Transcript
    Motley Fool

    JUMIA TECHNOLOGIES AG (JMIA) Q2 2019 Earnings Call Transcript

    JMIA earnings call for the period ending June 30, 2019.

  • Business Wire

    Jumia reports Second Quarter 2019 Results

    Continued strong growth of topline drivers and 94% increase in Gross profit

  • ACCESSWIRE

    Jumia Technologies AG to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 21, 2019, 2018 / Jumia Technologies AG (NYSE: JMIA ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 21, 2019 at ...

  • Motley Fool

    Jumia's Definitely One to Watch

    Frequently called the MercadoLibre of Africa, Jumia has some huge opportunities ahead of it.

  • 3 Surprising Stocks Hitting New Lows Last Week
    Motley Fool

    3 Surprising Stocks Hitting New Lows Last Week

    Jumia, iRobot, and Dave & Buster's hit 52-week lows last week.

  • Why Jumia Technologies Plummeted 35.6% in July
    Motley Fool

    Why Jumia Technologies Plummeted 35.6% in July

    The Africa-focused e-commerce stock has seen a big slide since its explosive IPO.

  • 3 Growth Stocks for In-the-Know Investors
    Motley Fool

    3 Growth Stocks for In-the-Know Investors

    These stocks might not be household names, but they could still generate market-beating returns.

  • Bloomberg

    Africa’s Amazon Looks to Solve Addresses Problem With Vivo Tieup

    (Bloomberg) -- Jumia Technologies AG’s plan to expand its online retail and trading platform in less developed parts of Africa has long had one significant challenge: A lack of formal addresses for deliveries.That may be about to change due to an agreement with Vivo Energy Plc, the London-listed owner of more than 2,100 Shell and Engen-branded service stations across the continent. Under the terms of the deal, the sites will be used as pick-up points for Jumia-bought goods and customers will be able to pay for them at the same time as buying gas.“We are constantly looking at how we can further adapt our technology to be a part of the local infrastructure and become more accessible to more customers,” said Boris Gbahoue, a marketing vice-president at Jumia. “The partnership with Vivo will enable Jumia to conveniently deliver products to current and new customers, including in remote areas.”Jumia, often referred to as Africa’s Amazon, was founded by French entrepreneurs Sacha Poignonnec and Jeremy Hodara in 2012 and now has more than 4 million customers. Operating in Nigeria and 13 other African markets, the Berlin-based company has to overcome challenges such as a lack of internet penetration, mapping and customers without bank accounts. For Vivo, the deal brings an opportunity to further expand its fast-growing non-fuels business.Both companies have sold shares in international markets over the past 18 months. Jumia has gained 35% since an initial public offering in New York in April and is worth $1.5 billion, while Vivo listed in London a year earlier and is worth about $1.9 billion.Their partnership will initially be rolled out in Kenya, Morocco, Senegal and Ivory Coast.To contact the reporter on this story: Loni Prinsloo in Johannesburg at lprinsloo3@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, John Bowker, Giles TurnerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • How to Invest in E-Commerce Outside the U.S.
    Motley Fool

    How to Invest in E-Commerce Outside the U.S.

    Online retail is seeing speedy adoption in international markets. Here's how you can take advantage.

  • ACCESSWIRE

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of JMIA, MOMO and CTST

    NEW YORK, NY / ACCESSWIRE / July 15, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...

  • GlobeNewswire

    MONDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Jumia Technologies AG and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Jumia Technologies AG (“Jumia” or “the Company”) (JMIA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

  • ACCESSWIRE

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of JMIA, ASNA and EROS

    CEDARHURST, NY / ACCESSWIRE / July 14, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • GlobeNewswire

    Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Jumia Technologies AG (NYSE: JMIA) and Encourages Jumia Investors to Contact the Firm

    Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Jumia Technologies AG (JMIA) securities between April 12, 2019 and May 9, 2019 (the “Class Period”).  Investors have until July 15, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.

  • ACCESSWIRE

    FINAL DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Jumia Technologies AG and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / July 9, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Jumia Technologies AG ("Jumia" or "the Company") (NYSE: JMIA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between April 12, 2019 and May 9, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before July 15, 2019.

  • ACCESSWIRE

    JUMIA 3-DAY DEADLINE ALERT: Hagens Berman Reminds Jumia (JMIA) Investors of Monday Lead Plaintiff Deadline

    SAN FRANCISCO, CA / ACCESSWIRE / July 12, 2019 / Hagens Berman Sobol Shapiro LLP, with nine offices in eight cities around the country and eighty attorneys, reminds investors in Jumia Technologies AG ( ...

  • GlobeNewswire

    ROSEN, A TOP RANKED LAW FIRM, Reminds Jumia Technologies AG Investors of Important Monday Deadline in Securities Class Action; Encourages Investors with Over $1 Million in Losses to Contact the Firm – JMIA

    NEW YORK, July 12, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Jumia Technologies AG (NYSE: JMIA) from April 12, 2019.