Jumia Stock Skyrocketed after Partnership with U.S. Shipping Giant, UPS

Jumia Technologies, a pan-African e-commerce startup, saw its stock soar on Monday after it announced a partnership with United Parcel Service (UPS). The company given its track record has been informally called the “Amazon of Africa.” At 11:07 a.m. on the New York Stock Exchange on Monday April 4, Jumia’s American depositary receipts jumped as … Continue reading Jumia Stock Skyrocketed after Partnership with U.S. Shipping Giant, UPS