(JMIA) Jumia Technologies - Ratings and Ratios

Jumia Technologies AG is a multinational e-commerce company that operates a robust online platform, connecting buyers and sellers across various regions, including West Africa, North Africa, East Africa, Europe, the United Arab Emirates, and other international markets. The company's platform is a multifaceted ecosystem, comprising a marketplace, logistics service, and payment service, all designed to facilitate seamless transactions and interactions between participants. The marketplace itself is a vast repository of products, spanning categories such as electronics, home and living, fashion, beauty, and fast-moving consumer goods, in addition to a range of digital lifestyle services.

One of the key differentiators of Jumia's platform is its logistics service, which enables the efficient shipment and delivery of packages from sellers to consumers, thereby addressing one of the most significant pain points in e-commerce, particularly in emerging markets. Furthermore, the company's payment service, JumiaPay, facilitates transactions in select markets, providing a secure and convenient means of payment for participants on the platform. The platform also offers a variety of digital lifestyle services, including utility bills payment, airtime recharge, gaming and entertainment, and transport ticketing, as well as financial services such as micro-loans, insurance, and savings products, all of which contribute to a more comprehensive and integrated user experience.

From a corporate perspective, Jumia Technologies AG has undergone significant transformations since its inception in 2012. Initially known as Africa Internet Holding GmbH, the company rebranded as Jumia Technologies AG in January 2019, marking a significant milestone in its evolution. Headquartered in Berlin, Germany, the company is listed on the New York Stock Exchange (NYSE) under the ticker symbol JMIA, with its common stock classified under the GICS Sub Industry of Broadline Retail. With a global presence and a strong online platform, Jumia Technologies AG is well-positioned to capitalize on the growing demand for e-commerce solutions in its target markets, and its web presence can be accessed at https://group.jumia.com, with the company's ISIN identified as US48138M1053.