Transaction

jmetaB02082d98e7339f95136fea7785689a42a7aede5031c26f5018acb5251c4644bd22@583c322d60ba2a835465d8efc0316f4cb6d9fc5ca5767a5ad95afbd8e09bf363rss.itemmetarss.netM›<item> <title>Jumia plans to raise more than $100 million in secondary shares to drive stalled user growth </title> <link>https://techcrunch.com/2024/08/06/jumia-plans-to-raise-more-than-100-million-in-secondary-shares-to-drive-stalled-user-growth/</link> <dc:creator><![CDATA[Tage Kene-Okafor]]></dc:creator> <pubDate>Tue, 06 Aug 2024 23:00:38 +0000</pubDate> <category><![CDATA[Commerce]]></category> <category><![CDATA[Africa]]></category> <category><![CDATA[e-commerce]]></category> <category><![CDATA[jumia]]></category> <guid isPermaLink="false">https://techcrunch.com/?p=2831641</guid> <description><![CDATA[<p>African e-commerce company Jumia is selling 20 million American depositary shares over the next couple of weeks, TechCrunch has learned. The at-the-market transaction is to take advantage of strong results despite a volatile market.&#160; Given Jumia’s share price of around $5.70 when the stock market opened on Tuesday, the e-commerce company could potentially raise approximately [&#8230;]</p> <p>© 2024 TechCrunch. All rights reserved. For personal use only.</p> ]]></description> <post-id xmlns="com-wordpress:feed-additions:1">2831641</post-id> </item>