Jumia Technologies AG-ADR

Jumia Technologies AG is an e-commerce platform provider. Operating internationally, the company’s platform connects sellers with consumers. Its logistics service manages the shipment and delivery of packages from sellers to consumers, and it also offers a payment service. Founded in 2012, Jumia Technologies has its headquarters in Berlin, Germany. Formerly known as Africa Internet Holding GmbH, the company changed its name to Jumia Technologies AG in January 2019. Jumia's marketplace provides services to a range of sellers who offer a wide variety of goods, including fashion and apparel, smartphones, consumer packaged goods, electronics, beauty products and perfumes, and home and living items. Jumia Logistics, the company's logistics service, manages the delivery of goods through a large network of leased warehouses, drop-off locations for sellers, pick-up stations for consumers, and more than 300 local third-party logistics service providers. Stock for Jumia Technologies is listed on the NYSE under the ticker JMIA. In addition to goods, Jumia provides access to a variety of services, including hotel and flight booking, restaurant food delivery, airtime recharges, and classified advertising. Jumia is active across 11 countries within Africa and provided service to 6.8 million active consumers in 2020. Stay up to date on the latest news and JMIA share price changes by adding it to your eToro virtual portfolio.