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Jumia Technologies Ag - JMIA STOCK NEWS

Welcome to our dedicated news page for Jumia Technologies (Ticker: JMIA), a resource for investors and traders seeking the latest updates and insights on Jumia Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jumia Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jumia Technologies's position in the market.

News
Jumia to Announce First Quarter 2024 Results on May 7, 2024
Rhea-AI Summary
Jumia Technologies AG (NYSE: JMIA) will announce its first-quarter 2024 results on May 7, 2024. The management will discuss the results in a conference call at 8:30 a.m. ET on the same day. Interested parties can access the call through specific dial-in details provided. A live webcast will also be available on the Jumia Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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earnings
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News
Jumia Files Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission
Rhea-AI Summary
Jumia Technologies AG (JMIA) filed its Annual Report on Form 20-F for 2023 with the SEC, offering insights into its financial performance and operations. Investors can access the report online or request a hard copy for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
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none
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News
Jumia Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Jumia Technologies AG (NYSE:JMIA) reported improved growth trends and a significant reduction in operating loss for the fourth quarter of 2023. Despite a 2% year-over-year decline in revenue, there was a 28% increase in constant currency. Operating loss decreased by 90% year-over-year. The company's liquidity position improved, showing a decrease in cash utilization. Jumia focused on efficiency, better unit economics, and reduced marketing spend to drive growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
41.18%
Tags
earnings
News
Jumia to Announce Fourth Quarter and Full Year 2023 Results on February 15, 2024
Rhea-AI Summary
Jumia Technologies AG (NYSE:JMIA) will release its Q4 and full year 2023 results on February 15, 2024. A conference call will be hosted at 8:30 a.m. US Eastern Time on the same day. Details for the call are provided for US, international, and UK participants. A live webcast and archived webcast will be available on the Jumia Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.59%
Tags
earnings
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News
Jumia to Focus on Physical Goods Business and Close its Food Delivery Operations
Rhea-AI Summary
Jumia Technologies AG (NYSE:JMIA) is closing its food delivery business, Jumia Food, due to unsuitable market conditions and macroeconomic environment. The company will focus on its core physical goods business and JumiaPay. The food delivery business represents approximately 11% of Jumia's GMV for the nine months ended September 30, 2023 and has not been profitable since inception.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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none
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News
Jumia Reports Third Quarter 2023 Results
Rhea-AI Summary
Jumia Technologies AG (NYSE:JMIA) announced its financial results for Q3 2023, reporting a revenue of $45 million, down 11% year-over-year, and a GMV of $181 million, down 25% year-over-year. The company achieved a significant decrease in operating and EBITDA losses, and a liquidity position of $147 million. CEO Francis Dufay highlighted a shift towards cash efficiency and profitable growth, focusing on core physical goods business and reducing marketing expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.44%
Tags
earnings
News
Jumia to Announce Third Quarter 2023 Results on November 15, 2023
Rhea-AI Summary
Jumia Technologies AG (NYSE:JMIA) will release its Q3 2023 results on November 15, 2023. The conference call will be held at 8:30 a.m. US Eastern Time on the same day. The webcast of the earnings conference call can be accessed on the Jumia Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.21%
Tags
earnings
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News
Jumia Reports Second Quarter 2023 Results
Rhea-AI Summary
Jumia Technologies AG announced its financial results for Q2 2023, showing a significant reduction in losses and progress towards profitability. Both Operating and Adjusted EBITDA losses decreased by approximately 66% year-over-year. The company also updated its Adjusted EBITDA loss guidance for 2023 to $90-100 million, compared to $100-120 million previously.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.94%
Tags
earnings
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News
Jumia to Announce Second Quarter 2023 Results on August 15, 2023
Rhea-AI Summary
Jumia Technologies AG will release its Q2 2023 results on August 15, 2023. A conference call will be held at 8:30 a.m. US Eastern Time on the same day. Details for the call can be found on the Jumia Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
earnings
News
Jumia Reports First Quarter 2023 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.62%
Tags
earnings
Stock JMIA logo
Jumia Technologies Ag

NYSE:JMIA

JMIA Rankings

#3039 Ranked by Market Cap
#4757 Ranked by Stock Gains
N/A Ranked by Dividends

JMIA Stock Data

450.07M
188.76M
16.69%
6.81%
Electronic Shopping
Retail Trade
Link
Germany
Berlin

About JMIA

africa internet group (aig) is a clear ongoing success story and is already the leading internet group in africa. founded in 2012, it is led by top talented leaders offering a great mix of local and international talents and is backed by millicom, mtn and rocket internet. since inception, aig has created 71 companies in 10 different verticals such as: online retail, food ordering platform, online marketplace, real estate marketplace, vehicle marketplace, taxi hailing, online travel agency, job classified... we are headquartered in one of the most vibrant continents in the world: africa. indeed we are active in 26 african countries in all of which we have already acquired leading positions. africa is one of the fastest growing economies in the globe, offering excellent opportunities in a booming environment. its economic growth has enabled innovative businesses to flourish and this is where we step in. we want to create a well-balanced team of talented, truly dynamic and highly