Jumia Files IPO Papers in New York, Has 4 Million Customers

Jumia has done it: it has filed paperwork at the NYSE to go public. Last week, I wrote that its IPO was “imminent” after it hired an NBA superstar:  “It is very evident that Jumia will like to list in U.S. as early as possible. How? It has brought Andre Iguodala into its Board. Andre plays for Golden State Warriors, an NBA team. I do think with Andre, Jumia will lift its brand in U.S. as it pushes for the journey to IPO, possibly in U.S.” Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today, per SEC … Continue reading Jumia Files IPO Papers in New York, Has 4 Million Customers