Jumia's historic initial public offering has gone live last Friday trading on the New York Stock Exchange and its stock shot up.
The African eCommerce giant has sold 13.5 million American Depositary Shares at $14.50 each to raise $216 million and will be trading with the stock symbol “JMIA”. To read more visit this link http://techunzipped.com/2019/04/jumia-becomes-first-african-built-internet-startup-to-launch-an-ipo/