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Jumia African IPO listed on NYSE

Published On 03 Jan 2020 04:38 AM


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Started in 2012, Pan-African e-commerce company Jumia. The company was founded to sell goods to consumers online in Africa.

In April 2019, it was listed on the NYSE. It was first time listing of a venture capitalist backed tech company operating in Africa on a major global exchange.

With African country Nigeria as its base market. The company created delivery and payments services and went on to expand online markets into 1....


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