Germany-headquartered Jumia Technologies (JMIA) operates an e-commerce and digital payments platform in Africa, Portugal, Germany, and the United Arab Emirates, but its primary business is done in Africa. I am bullish on the stock. The digital commerce revolution isn't just local; it's global and there's no going back now. As more people in developing countries get internet access and smartphones, as well as disposable income, there's a market for multi-national e-commerce that's really still just in its infancy. Prospective investors can capitalize on this opportunity by taking a position in Jumia stock.
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Jumia Technologies (NYSE:JMIA)
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Jumia Technologies (NYSE:JMIA)
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