Jumia new york stock exchange

Jumia Technologies AG, a German-based e-commerce company, is listed on the New York Stock Exchange (NYSE) under the ticker symbol "JMIA". Here are some key details about Jumia's listing on the NYSE:

Listing Date: April 12, 2019

Initial Public Offering (IPO): Jumia raised $200 million in its IPO, pricing its shares at $13.50 each. The IPO was one of the largest by an African company in the United States.

Listing Category: Jumia is listed in the NYSE's Global Market, which is designed for companies that are not based in the United States but want to raise capital and list their shares on a major US exchange.

Market Capitalization: As of March 2023, Jumia's market capitalization is around $1.3 billion.

Trading Volume: Jumia's average daily trading volume is around 1.5 million shares, with a total value of around $10 million.

Share Price: As of March 2023, Jumia's share price is around $2.50 per share.

Industry: Jumia is an e-commerce company that operates in Africa, offering a range of products and services, including food delivery, online marketplaces, and logistics.

Headquarters: Jumia is headquartered in Berlin, Germany, but its main operations are in Africa, with offices in several countries including Nigeria, Egypt, and Kenya.

Key Investors: Jumia's largest shareholders include MTN Group, Rocket Internet, and Goldman Sachs.

Financial Performance: Jumia has reported significant revenue growth in recent years, but has also reported significant losses. In 2022, the company reported a net loss of €144.6 million (around $160 million USD).

Overall, Jumia's listing on the NYSE provides the company with access to a large pool of capital and exposure to a global investor base. However, the company faces significant challenges in the competitive African e-commerce market, and its financial performance has been mixed in recent years.