Jumia’s New York IPO: What you need to know

PUBLISHED: Fri, 12 Apr 2019 14:08:09 GMT
Share

African e-commerce company, Jumia sold 13.5 million American Depository Shares at $14 dollars and 50 cents to raise 196 million dollars in an initial public offering in New York. Jake Bright, Writer at TechCrunch joins CNBC Africa from London to discuss investor’s anticipation for the stock.

http://cnbc.africa/videos/…

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.