Jumia Technologies

JMIA

Market cap $1.32B

The stock of African e-commerce company Jumia Technologies (JMIA -9.30%) ended the week on a down note Friday. The company's shares lost more than 9% of their value following a rather aggressive downgrade from an analyst.

Shares of African e-commerce leader Jumia Technologies (JMIA 6.48%) rallied 35% in September, according to data from S&P Global Market Intelligence.

Consumer data has been strong and there could be further upside ahead for these stocks.

LAGOS, NG / ACCESS Newswire / October 6, 2025 / Jumia Technologies AG (NYSE:JMIA) ("Jumia") today announced that it will host an Investor Day on November 13 in London, United Kingdom. The event will feature presentations from Jumia's executive team and provide in-depth insights into the company's vision, long-term strategy, marketplace dynamics, logistics platform, and financial outlook.

Francis Dufay, chief executive officer of Jumia, Africa's biggest e-commerce platform, tells Bloomberg Television that US tariffs are causing a shift in global supply chains, making it easier to bring goods from China to Africa. -------- More on Bloomberg Television and Markets Like this video?

On this episode of Next Africa: Botswana President Duma Boko tells Bloomberg Television he aims to complete a deal to take a majority stake in De Beers by the end of next month. Botswana wants control of the diamond company to exercise greater sway over the entire international supply chain, particularly to emphasize the superiority of natural diamonds.

Partnership aligns with Jumia's push for ecofriendly deliveries and sustainable e-commerce KAMPALA, UG / ACCESS Newswire / September 25, 2025 / Jumia (NYSE:JMIA), a leading e-commerce platform in Africa, has partnered with Spiro to launch a fleet of electric bikes (e-bikes) to power deliveries in Uganda, within Kampala. This initiative marks a significant step in Jumia's ongoing Environmental, Social, and Governance (ESG) strategy to reduce carbon emissions and promote sustainable business practices.

Shares of African e-commerce giant Jumia Technologies (JMIA) rallied 22.3% on Tuesday as of 2:35 p.m. ET.

My nowcasting model was directionally correct in Q2 2025, capturing the order and revenue trajectory, though it underestimated the magnitude of growth in Jumia's markets. Jumia still trades at a steep discount to MercadoLibre's historical multiples, though leading market actors are cautiously signaling a re-rating of the stock. Macro risks remains central with oil market volatility potentially having an impact on Jumia's largest market Nigeria and Côte d'Ivoire's upcoming election.

A meaty price target raise from an analyst made Jumia Technologies (JMIA 11.51%) stock irresistibly tasty for many market participants on Monday. The e-commerce company's shares rose in excess of 11% across the day's trading session, a rate that was more than good enough to crush the S&P 500 index with its 0.3% slump.