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Jumia Technologies AG (JMIA): A Bull Case Theory

We came across a bullish thesis on Jumia Technologies AG (JMIA) on Value Investing Subreddit Page by TyNads. In this article, we will summarize the bulls’ thesis on JMIA. Jumia Technologies AG (JMIA)'s share was trading at $2.4 as of May 7th.

[caption id="attachment_1195939" align="aligncenter" width="768"] A customer using their phone to access an online commerce platform.[/caption]

Jumia, once hailed as the “Amazon of Africa,” has spent years plagued by execution missteps, accounting concerns, and a sprawling, unfocused growth strategy that eroded investor confidence....