Country Manager, Jumia Nigeria, Tolulope George-Yanwah; Head, Vendor Experience, Omolola Onasanya and Chief Financial Officer, Ernest- Orumwense at the Jumia Nigeria IPO press conference in Lagos, yesterday PHOTO;SUNDAY AKINLOLU
Jumia, with its headquarters in Nigeria, had last Friday listed its shares on the NYSE, and traded at $14.50 under ticker symbol JMIA. The prospectus, as sighted by The Guardian, showed that Jumia offered 13,500,000 American Depository Shares representing 27,000,000 Ordinary Shares. Anammah noted that more investors have a marketplace and tech focus in New York than in any other place. “We made a logical choice.This is the largest stock exchange in the world; many technology companies are listed on the NYSE ,” she said.
The move is expected to help build even more trust with consumers, in particular, those who are still not comfortable with eCommerce, just as the listing will help with talent recruitment, retention, as it aimed to attract more attention from top talent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Technology Technology Latest News, Technology Technology Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jumia lists on New York Stock Exchange - Premium Times NigeriaJumia Technologies, a pan-African technology company, has listed on the NYSE, becoming the first-ever technology company from Africa to list on the world’s largest stock exchange.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Jumia becomes 1st African start-up to list on New York Stock ExchangeJumia Technologies, a pan-African technology company, has listed on the New York Stock Exchange (NYSE), becoming the first-ever technology company from
Source: TheNationNews - 🏆 6. / 69 Read more »
Jumia becomes first African start-up to list on New York Stock ExchangeJumia Technologies, a pan-African technology company, has listed on the New York Stock Exchange (NYSE), becoming the first-ever technology company from Africa to list on the world’s largest stock e... chosensomto Watched it Yesterday, I actually clapped. It was a proud moment. 👏👏 Good. Who do they want to buy the stocks? Certainly not Nigerians? Gotta be kidding. Jumia and many Nigerian entities can not survive the rigours of NYSE. the ethical policies and disclosures alone will kill you. Mtcheeew. Jumia that import goods from Korea in 4 days- Poor lie
Source: MobilePunch - 🏆 8. / 63 Read more »
Jumia lists on New York Stock Exchange - Premium Times NigeriaJumia Technologies, a pan-African technology company, has listed on the NYSE, becoming the first-ever technology company from Africa to list on the world’s largest stock exchange.
Source: PremiumTimesng - 🏆 3. / 78 Read more »