Jumia’s Q4 results are a mixed bag again
In Q3, Jumia’s results were a mixed bag. One really good point was that the company’s losses reduced although the fact that its Gross Merchandise Value (GMV) also reduced was a big deal.
Nevertheless, the thinking from a lot of investors was that e-commerce companies were going to flourish during the pandemic. Jumia didn’t seem to show that promise during Q2 and Q3 2020, but most of that was due to a business mix rebalancing.
Basically, Jumia decided to move from promoting high ticket items to selling household items. It’ll lead to a reduction in GMV, but it’s great for their business. This is because it’s making commissions on sales, advertising and logistics, unlike its former model where it tried to sell goods to customers.
Introduction
The Central Bank of Nigeria’s (CBN) recently released the Regulatory Framework for Open Banking in Nigeria, a document which the apex bank believes will provide an enabling regulatory environment that will eventually trigger the provision of innovative and customer-centric financial services in Nigeria, define risk-based data access levels and services through the safe utilisation and exchange of data and services, outline baseline and standards for data exchange among financial services sector participants while guiding operators in the handling of attendant risks and also promote healthy competition in banking.
The CBN’s positioning in the past three years especially with regards to how easy they have endorsed disruption in the market makes this inevitable.
Imperva, Inc.: An Industry First, Imperva Sonar Platform Delivers A Unified Security Platform Across Edge, Applications and Data
Imperva Sonar platform enables organizations to manage complex and automated cyberattack risks
Integrated Universal Management Console brings together security performance metrics, attack analytics, and security events with one-click resolution capabilities
SAN MATEO, Calif., Feb. 23, 2021,), the cybersecurity leader whose mission is to protect data and all paths to it, introduces the Imperva Sonar platform, which eliminates the need for siloed point solutions and delivers integrated analytics while automating workflow and accelerating incident response.
Saving users time and reducing costs, organizations can now simplify the security of their most targeted business assets as they accelerate digital transformation projects. Advanced analytics provide visibility to two of the most challenging information security blind spots: the applications where brea
5 FinTech Predictions for 2018 Safwan Zaheer, Director-Financial Services Digital & Head of FinTech, KPMG US
Bitcoin Value will Trend Upwards
Bitcoin value will continue to rise in 2018. The reason may simply lie behind its demand and supply:
As long as,
Bitcoin DEMAND > Bitcoin Supply, price of Bitcoin will continue to rise!
The irrational frenzy and market activity will continue to reinforce demand for Bitcoin in 2018, which will in turn drive higher price of Bitcoin. And since the supply of bitcoin is limited, currently at ~16.5M with maximum of 21M, the upward trend will hold, with some minor market adjustments. The only exception could be a major market event, such as a hack on a large bitcoin exchange, in markets such as US or Japan, which may crash Bitcoin’s value and return it to its nominal market value.