Pan-African e-commerce company Jumia listed on the New York Stock Exchange today, with shares beginning trading at $14.50 under ticker symbol JMIA. This comes four weeks after CEO Sacha Poignonnec confirmed the IPO to TechCrunch and Jumia filed SEC documents.
With the public offering, Jumia becomes the first startup from Africa to list on a major global exchange.
Read the full story on TechCrunch.
Jumia Lists On New York Stock Exchange
Is Jumia's IPO Setting the Stage for More African Startups?
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