Why Jumia Stock Surged Today
Source: Motley Fool
2026-05-07 13:44:48 ET
Shares of Jumia Technologies (NYSE: JMIA) spiked on Thursday after the Africa-focused online retail platform demonstrated marked progress toward its profitability goals.
Image source: Getty Images.
Jumia's quarterly active customers jumped 24% year over year 2.5 million in the first quarter. Those customers are also shopping on Jumia's marketplace more often. Orders of physical goods leaped 30% to 5.9 million.
Jumia Technologies AG American Depositary Shares each representing two
NASDAQ: JMIA
JMIA Trading
-3.29% G/L:
$6.755 Last:
1,984,133 Volume:
$6.80 Open:
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JMIA Stock Data
$1,281,573,464
121,972,974
N/A
52
N/A
Retail - Discretionary
Consumer Discretionary
DE
Berlin
