Jumia Technologies AG (JMIA)
Jumia Technologies AG operates in the Specialty Retail industry of the Consumer Cyclical sector, headquartered in Berlin, BE, DE. The stock last traded at $6.22, up 7.14% on the session, giving a market capitalisation of $385.5M. On trailing twelve-month figures it carries a trailing P/E of -6.05, a net margin of -30.8%. Its beta of 2.49 implies it has historically moved more than the broad market.
Jumia Technologies AG manages an extensive e-commerce ecosystem, serving a wide geographical footprint that encompasses West, North, East, and Southern Africa, along with Europe, the United Arab Emirates, and other global locations. The company's multifaceted platform integrates three primary services: an online marketplace for connecting vendors with buyers; a dedicated logistics arm responsible for the delivery and shipment of goods from sellers to consumers; and a payment processing system that streamlines financial transactions for users within specific markets. Customers utilizing its marketplace can browse a diverse selection of products, including apparel, beauty and personal care items, household essentials, fast-moving consumer goods, mobile phones, and other electronic devices. Furthermore, the platform offers access to various services such as food delivery from restaurants, mobile credit top-ups, and utility bill payments. Originally incorporated in 2012 under the name Africa Internet Holding GmbH, the company adopted its current identity, Jumia Technologies AG, in January 2019 and is headquartered in Berlin, Germany.
Jumia Technologies AG is most often compared with the following Consumer Cyclical names: