Tag: jumia

african-e-commerce-company-jumia-completes-sale-of-secondary-shares-at-$99.6m

African e-commerce company Jumia completes sale of secondary shares at $99.6M

Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise more than $100 million, given its share price of around $5.70 at the time. The e-tailer has ...