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JMIA News

US IPO Weekly Recap: Your Uber has arrived

JMIA

The IPO market is in full swing with 14 filings this week, led by Uber (UBER), the world's largest ridesharing platform. We estimate that Uber could raise as much as $10 billion as it reportedly seeks a $90 to $100 billion valuation, making it the...read more

Jumia prices IPO at $14.50, within the range

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Jumia Technologies, Africa's largest e-commerce platform, raised $196 million by offering 13.5 million ADSs at $14.50, within the range of $13 to $16. Jumia Technologies plans to list on the NYSE under the symbol JMIA. Morgan Stanley, Citi, Berenberg Bank and...read more

US IPO Week Ahead: 2019 tech deals double in 3-IPO week led by PagerDuty

JMIA

The year's tech IPO count is set to double in the week ahead, from three to six. A blank check company also plans to go public. PagerDuty (PD) is the year's first enterprise software unicorn, a core component of tech's upcoming 2019...read more

Africa's largest e-commerce platform Jumia Technologies sets terms for $196 million US IPO

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Jumia Technologies, an African e-commerce platform backed by MTN and Rocket Internet, announced terms for its IPO on Thursday. Headquartered in Berlin, Germany, the company plans to raise $196 million by offering 13.5 million ADSs at a price range of $13 to...read more