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Jumia's Seed and Growth of Today's Entrepreneurs

Jumia's Seed and Growth of Today's Entrepreneurs
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Jumia Technologies AG (NYSE:JMIA) - EXCLUSIVE: Jumia's Co-CEO Talks African E-Commerce Platform's Growth Trajectory With 'PreMarket Prep'

JMIA Earnings: The Berlin-headquartered company reported earnings on May 11.
First-quarter revenue was down 6% on the year to 27.4 million euros ($33.47 million), below the 35.1-million-euro consensus estimate. Jumia announced that annual active consumers increased 7% to 6.9 million and orders were up 3% to 6.6 million.
Poignonnec told Benzinga that he expects user and transaction growth to accelerate over the next few quarters.
Jumia is focused on scaling and growing by building trust with its customers and improving selection, price and convenience, he said, adding that if the company is able to execute on those fronts, profitability will follow.
JMIA Price Action: Jumia traded as high as $69.89 and as low as $3.93 over a 52-week period. ....

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Jumia Technologies AG-ADR (JMIA) Q1 2021 Earnings Call Transcript

Jumia Technologies AG-ADR (JMIA) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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Jumia Technologies AG-ADR (NYSE: JMIA)
Q1 2021 Earnings Call
Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Jumia s results conference call for the first quarter of 2021. [Operator instructions] I would now like to turn the call over to Safae Damir, head of investor relations for Jumia.
Please go ahead.
Head of Investor Relations
Thank you. Good morning, everyone. Thank you for joining us today for our first-quarter 2021 earnings call. With us today are Sacha Poignonnec and Jeremy Hodara, co-founders and co-CEOs of Jumia, as well as Antoine Maillet-Mezeray, CFO. ....

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Jumia Reports First Quarter 2021 Results; Continued Progress Towards Profitability

Press release content from Accesswire. The AP news staff was not involved in its creation.
Jumia Reports First Quarter 2021 Results; Continued Progress Towards Profitability
May 11, 2021 GMT
Gross profit increased by 11% year-over-yearGross Profit after Fulfillment expense was up 149% year-over-yearAdjusted EBITDA loss decreased by 24% year-over-yearLAGOS, NIGERIA / ACCESSWIRE / May 11, 2021 / Jumia Technologies AG (NYSE:JMIA) ( Jumia .
Gross profit increased by 11% year-over-yearGross Profit after Fulfillment expense was up 149% year-over-yearAdjusted EBITDA loss decreased by 24% year-over-yearLAGOS, NIGERIA / ACCESSWIRE / May 11, 2021 / Jumia Technologies AG (NYSE:JMIA) ( Jumia .
Gross profit increased by 11% year-over-year
Gross Profit after Fulfillment expense was up 149% year-over-year
Adjusted EBITDA loss decreased by 24% year-over-year
LAGOS, NIGERIA / ACCESSWIRE / May 11, 2021 / Jumia Technologies AG (NYSE:JMIA) (“Jumia” or the “Comp ....

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Jumia Technologies AG: Jumia Reports First Quarter 2021 Results; Continued Progress Towards Profitability

Jumia Technologies AG: Jumia Reports First Quarter 2021 Results; Continued Progress Towards Profitability
year-over-year
was up 149% year-over-year
year-over-year
LAGOS, NIGERIA / ACCESSWIRE / May 11, 2021 / Jumia Technologies AG (NYSE:JMIA) ( Jumia or the Company ) announced today its financial results for the first quarter ended March 31, 2021.
Results highlights for the first quarter 2021
For the three months ended March 31
As reported
2.5
(24.4
%
Our first quarter results reflect solid progress towards profitability. The drivers remain consistent: selective and disciplined usage growth, gradual monetization and continued cost discipline. The first quarter of 2021 was the sixth consecutive quarter of positive gross profit after fulfillment expense, which reached €6.2 million, more than doubling year-over-year, while Adjusted EBITDA loss contracted by 24% year-over-year, reaching €27.0 million , commented Jeremy Hodara and Sa ....

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