Jumia posts revenue and order gains, but compounding losses drag its stock lower

Pan-African e-commerce company Jumia released its third-quarter financial performance today, detailing a mix of expected and surprising results. When TechCrunch discussed the company‚Äôs Q2 2020 financials, Jumia had a market cap of a little over $2.1 billion, based on a per-share price of $22. Since then, Jumia has lost value, trading at just $17.52 per […]