submitted over 6 years ago by taya
- Jumia is Africa's biggest online retailer, founded in 2012 by former McKinsey & Company employees.
- It offers a wide range of products and services, aiming to provide a good online shopping experience despite Africa's infrastructure challenges.
- Jumia's stock price rose significantly when it went public, but it faced criticism for alleged securities fraud, which led to a drop in its stock value.
Advertisement
samuekhator
over 6 years ago
Jumia is a fine company. Their operations in Nigeria has benefited me greatly, especially since I'm don't like going out much. But I hardly think that they have captured Africa. Their most recent move, which is their IPO is another indication that they still have a ling way to go. Jumia has great prospects, but they are not quite there yet.
nigeria
kenya
south africa