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On August 11, 2026, Jumia priced a capital raise anchored by a $25 million investment from the International Finance Corporation, a member of the World Bank Group, and including investments by Axian, one of our largest
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Read original at benzingaStock futures mixed, Nasdaq 100 down 100 points. Applied Optoelectronics falls after announcing $600M offering. Other pre-market losers include RFAI, ZSTK, ZKH, JMIA, VALN, MFI, COHR, SNDK, AXTI, ASTL, LITE, STX.
Read original at benzingaJMIA delivers a good Q2 performance against low expectations. Analyst cuts price target but remains positive on resilience amid headwinds.
Read original at benzingaRBC Capital analyst Brad Erickson maintains Jumia Technologies (NYSE:JMIA) with a Outperform and lowers the price target from $15 to $13.
Read original at benzinga