Amazon of Africa: Jumia lists on NYSE, CEO shares plan to profitability

PUBLISHED: Fri, 12 Apr 2019 15:50:56 GMT

Jumia, an African e-commerce company, dubbed the African Amazon, listed on the New York Stock Exchange. In early trade its share price was up 61 per cent to $23.41. CNBC spoke to its CEO Sacha Poignonnec about the listing and its plans.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.