Equity Analysis /
United States of America

Jumia: Q2 results should signal GMV surge; Buy

  • We maintain our earnings forecast for JMIA US and reiterate our Buy recommendation

  • We urge investors to accumulate the stock ahead of its Q2 21 results on 11 August

  • Jumia's price-to-book ratio is at its lowest point due to the EM Tech sell-off

Jumia: Q2 results should signal GMV surge; Buy
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
2 August 2021
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