Jumia
General Information | |
Business: |
We are the leading pan-African e-commerce platform. Our platform consists of our marketplace, which connects sellers with consumers, our logistics service, which enables the shipment and delivery of packages from sellers to consumers, and our payment service, which facilitates transactions among participants active on our platform in selected markets. We are active in six regions in Africa, which consist of 14 countries that together accounted for 72% of Africa’s GDP of €2 trillion, and 74% of African consumer expenditure of €1.4 trillion in 2018, according to the IMF and Euromonitor, respectively. Though still nascent, we believe that e-commerce in Africa is well positioned to grow. In 2018, less than 1% of retail sales for countries measured in our footprint in Africa were conducted online, compared to nearly 24% in China, according to Euromonitor. |
Industry: | CATALOG & MAIL-ORDER HOUSES |
Employees: | 5128 |
Founded: | 2012 |
Contact Information | |
Address | Charlottenstraße 4, 10969 Berlin, Germany |
Phone Number | +49 (30) 398 20 34 51 |
Web Address | |
View Prospectus: | Jumia |
Financial Information | |
Market Cap | $1109.4mil |
Revenues | $149.6 mil (last 12 months) |
Net Income | $-195.2 mil (last 12 months) |
IPO Profile | |
Symbol | JMIA |
Exchange | NYSE |
Shares (millions): | 13.5 |
Price range | $14.50 - $14.50 |
Est. $ Volume | $195.8 mil |
Manager / Joint Managers | Morgan Stanley/ Citigroup/ Berenberg/ RBC Capital Markets |
CO-Managers | Raymond James/ Stifel/ William Blair |
Expected To Trade: | 4/12/2019 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |