African e-commerce company Jumia completes sale of secondary shares at $99.6M | TechCrunchJumia raised $99.6 million through a secondary share offering and aims to strengthen its balance sheet for growth.
Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth | TechCrunchJumia is selling 10 million American depositary shares to raise funds for business expansion and technology investment.
Jumia is back, growing total sales and orders in Q1 2024 | TechCrunchJumia's revenue and GMV grew despite a decrease in quarterly active customers, stemming from cost-cutting measures.