Loni Prinsloo / Bloomberg:

African e-commerce company Jumia raised $50M, including $25M from the World Bank's IFC; Jumia's US-listed shares have fallen from $60+ in 2021 to $6 now  —  Jumia Technologies AG secured $50 million in fresh equity funding from its biggest shareholder and the World Bank's International Finance Corp …

Loni Prinsloo / Bloomberg:

African e-commerce company Jumia raised $50M, including $25M from the World Bank's IFC; Jumia's US-listed shares have fallen from $60+ in 2021 to $6 now  —  Jumia Technologies AG secured $50 million in fresh equity funding from its biggest shareholder and the World Bank's International Finance Corp …

Source: TechMeme
Source Link: https://www.techmeme.com/260812/p16#a260812p16