Jumia takes African economies online, helping small and large businesses grow and reach new consumers, empowering a new generation to build their lives and make their communities better.
1+Billion visits online, 40+ Million Products, 110+k sellers, 28+ Million orders in 2020.
The Company with the Vision of collect all African countries under one big umbrella, and deliver orders to their consumer home from food to electronic devices. Also own payment service platform, JumiaPay, empowers consumers with a safe, fast and easy payment solution, whether they shop using a desktop computer or a mobile device.
How big is this could get? Remember Amazon started from a garage! Jumia has an infrastructure and a working web already. Africa is big and developing. Increasing its population, salaries and web services. The Internet is going to be everywhere on the continent.
Guess what is going to be in 10 years from today!
The stock price is cruising at $21 at the moment and it is less than 1/3 of its all-time high. Also, $69 is not the ceiling of this stock! This is going to be a real Terminator in the future!
Invest NF is bullish on JUMIA!
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