- Nice profile of the African Amazon – Jumia.
- Despite the odds (54% of African startups shut down between 2010-2018) Jumia has made it to its ten year birthday.
- It has been listed since 2019 – the shares hit a peak of $63, but are languishing now at $8.
- It trades on 1.2x EV/Sales now and is forecast to grow sales 30%.
- Africa is very unique and it is worth reading a few expert calls on Jumia (two weeks free sign up here).