Earnings Report /
United States of America

Jumia: Setting the stage for a GMV boom

  • Operating losses widen

  • But Q2 earnings reveal reorientation of business model. We expect GMV growth to surge in FY 21-24

  • Hedge funds are accumulating the name as it has been unjustly caught up in the EM Tech sell off

Jumia: Setting the stage for a GMV boom
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
13 August 2021
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