Jumia Technologies AG (NYSE: JMIA) was skyrocketing up over 27% higher on Monday after the Africa-based e-commerce company announced it will expand its logistics services on the continent throug
Jumia Technologies AG - ADR (NYSE: JMIA) shares are trading higher by 20.34% at $11.42 after the company announced it would make its last mile logistics capabilities available to United Parcel Service, Inc. (NYSE: UPS).
Jumia (NYSE: JMIA) and UPS (UPS) announced today a partnership giving UPS access to Jumia's last mile logistics capabilities and infrastructure to grow its delivery services in Africa.
Jumia Technologies (NYSE:JMIA) reported $62.00 million in sales this quarter. This is a 24.52 percent increase over sales of $49.79 million the same period last year.