Jumia has become the first e-commerce company operating in Africa to list on the New York Stock Exchange
The largest e-commerce operator in Africa, has officially started trading on the New York Stock Exchange on Friday April 12 as “JMIA”, with shares beginning trading at $18.95, and closing at $25.46. The company offered 13.5 million shares for purchase and raised $196 million. Jumia’s IPO is now the first major African-focused venture-funded tech company…
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