Jumia, the e-commerce and on-demand services provider, has released its third-quarter financials, which show that the company expects losses this year not to exceed $100 million. This marks an improvement from earlier expectations of an even higher loss. Jumia, founded in 2012 in Nigeria, is the largest e-commerce provider in Africa. Since its inception, the… Continue reading Jumia expects
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Coinbase Q2 earnings exceed estimates, signaling potential market recovery
Coinbase, one of the world’s largest cryptocurrency exchanges, announced its Q2 earnings report on Wednesday. Much to the surprise of investors, Coinbase reported a record $1.8 billion in revenue for the quarter, $800 million more than analyst estimates of $1 billion. The report indicates that Coinbase was able to generate more selling volume than expected.… Continue reading Coinbase Q2 earnings exceed estimates, signaling potential market recovery