Jumia Technologies Stock Analysis - JMIA Africa's Amazon? Add This Stock To Your Watch List NOW

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Noah gives a brief overview of Jumia Technologies and its potential to build a strong brand name in the massive developing market of Africa. Short term, the financials look messy, but long term the total addressable market in Africa is a massive opportunity for Jumia's business to expand rapidly. At this time the company remains unprofitable, however as the business expands through different growth vectors, the profit margins can quickly accumulate considering their business model vertically integrates their revenue sources.

Information Sourced From:
https://investor.jumia.com/investor-relations/default.aspx

Disclaimer:
Please note this video is for entertainment purposes only. This account does NOT provide financial advice. Noah and Joe are NOT financial planners/advisors, any opinion given should NOT be taken as a financial recommendation. We encourage all watchers to do their due diligence before making an investment decision.
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