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Jumia to Raise $216 million from NYSE, $1.3 billion valuation
#1 · April 3, 2019, 5:46 AM
Jumia, the ecommerce company, will raise $216 million from American investors via NYSE as it goes public. The company valuation is $1.3 billion.
Jumia is offering 13.5 million American depository shares for purchase, its updated filings show. If fully sold, the e-commerce giant with operations in 14 African countries, could raise as much as $216 million
