Spinoff : JumiaPay Is A Better Business Than Jumia

There is a “rumour” that Jumia may spin off JumiaPay. Possibly, it can unlock more value by doing so. Of course, Jumia is a public company which makes spinoff really hard. Unless it can list JumiaPay on the exchange, the vehicles are limited. You do not break a NYSE traded company like akara and moi moi.  Yet, let us do the academic analysis. A LinkedIn user wrote thus: I commented – and below, I am expanding that comment. I am not sure Jumia has a lot of  “trusts” in the financial “trustbank” to play that game. I do not believe that … Continue reading Spinoff : JumiaPay Is A Better Business Than Jumia