Jumia’s Q2 results show moderate growth, rising spend and continued losses

African e-commerce giant Jumia today reported its second-quarter financial performance. In the wake of its earnings reports, Jumia’s shares climbed 3.38% to $21.99 per share with a market cap of $2.168 billion. Before we get into the company’s results, Jumia has historically reported its financial data in euros. This was the case until April 1, … Continue reading Jumia’s Q2 results show moderate growth, rising spend and continued losses