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Jumia finally lists on NY Stock Exchange

By Our Reporter

Online-based sales company Jumia has finally listed on the New York Stock Exchange after fulfilling all the requirements.

The chief executive officer of Jumia Uganda, Ron Kawamara says the listing of the company of the New York Stock Exchange affirms the great strides the company has made over the recent years.

Addressing the media in Kampala hours ago, Kawamara said this move will motivate the company to become more innovative.

“This shows a level of trust that the international global sector has in Jumia and we appreciate our customers, clients and all that have supported online marketing with Jumia,” he said.

He said this trust will enable them grow more.

“Being listed on the stock exchange buys a lot of trust in Jumia which calls for credibility to attract customers and retain top talent as a fast growing company.’’

This year, Jumia started off on a good note after MTN invested in it.

Kawamara said they employ over 5000 people in Africa.

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