An international online fashion retailer that is expanding its presence in the African market.
Jumia stocks rise marginally as AXIAN Telecom takes 8% stake
Jumia's shares increased by 2% to $3.31 following AXIAN Telecom's acquisition of an 8% stake. AXIAN Telecom's investment has raised Jumia's market capitalization to $406.58 million.
Jumia’s largest investor exits with likely multimillion-dollar loss
Baillie Gifford sold its entire 18 million-share stake in Jumia, reducing ownership from 7.4% to 0%. Jumia's share price dropped from over $26 in 2019 to around $2.5 at the time of Baillie Gifford's sale.
How Can You Shield Yourself from Social Engineering Scams?
Online spending in SA grew by 23 percent (to R71 billion) in 2023. Social engineering is one of the most common techniques used by fraudsters.
Mastering Turbulence: The R100 Billion eCommerce Arena
Ecommerce giants like Amazon and Shein entering the South African market Last-mile delivery services and partnering with local delivery services for faster delivery options
