Why Jumia Technologies Stock Soared 30% on Tuesday

Introducing Jumia Technologies Is Jumia stock a buy? Ready to invest in African e-commerce? This stock could be your best bet. Writing in StreetInsider.com this morning, Benchmark's Fawne Jiang says that thanks to a demographic explosion in Africa, Jumia is "poised to benefit" from "multi-year and potentially multi-decade e-commerce growth." Africa, argues the analyst, is a market both "vast" and "underserved," and Jumia is offering "tailormade ... logistics and payment services" to help expand e-commerce o ...