Jumia expects

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

Turo just dropped its 2022 financials as its IPO hunt continues

Turo, the leading car rental marketplace in the world, just released its 2022 financials as it continues to pursue an initial public offering (IPO) listing. The company, which provides an online platform to share vehicles between owners and renters, turned heads in the investment world thanks to its impressive performance in 2021. Turo’s revenues hit… Continue reading Turo just dropped its 2022 financials as its IPO hunt continues

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