What Happened With Jumia Technologies Stock Today?

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The Benchmark analyst saw the African e-commerce company poised to benefit from multi-year and potentially multi-decade e-commerce growth in the region and noted Africa's booming population which is expected to reach 2.5 billion by 2050, accounting for 26% of the world's population.  

Jiang highlighted the proliferation of smartphones and mobile internet services and the growing infrastructure investment from both private sectors and governments in Africa.

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Author / Journalist: Erica Kollmann

Category: Technology

Markets: United States

Topics: JMIA Global Why it's moving Movers E-commerce Africa Benzinga Analyst Color News Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-09 @ 20:59:52 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21558614

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 15 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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