Amazon Comparisons News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share:
Jumia Technologies (NYSE: JMIA) went on quite the ride Tuesday after reporting first-quarter financial results.
Investors saw the company report a drop in revenue and shares immediately sold off. Shares traded down to $17.90 before climbing up throughout the day and ended in the green.
What Happened: Jumia reported a year-over-year revenue decline of 6.4% in the first quarter. Gross profit in the first quarter improved 11% year-over-year. Gross profit after fulfillment expenses was up 149% year-over-year.
“Our first quarter results reflect solid progress towards profitability. The drivers remain consistent: selective and disciplined usage growth, gradual monetization and continued cost discipline,” said Co-CEOs Jeremy Hodara and Sacha Poignonnec. ....

Steve Weiss , Sacha Poignonnec , Co Ceos Jeremy Hodara , Alibaba Group Holding , Market Missing Company , Citron Research Andrew Left , Jumia Technologies , Jeremy Hodara , Missing Company Focus , Hills Capital Managing Partner Steve Weiss , Stephen Weiss Talks Jumia , Amazon Comparisons , Jumia Food , Citron Research , Andrew Left , ஸ்டீவ் வெயிஸ் , அலிபாபா குழு வைத்திருத்தல் , சிட்ரான் ஆராய்ச்சி ஆண்ட்ரூ இடது , ஜுமியா தொழில்நுட்பங்கள் , மலைகள் மூலதனம் நிர்வகித்தல் கூட்டாளர் ஸ்டீவ் வெயிஸ் , ஜுமியா உணவு , சிட்ரான் ஆராய்ச்சி , ஆண்ட்ரூ இடது ,