Jumia Now Valued At Least Usd1billion - Business - Nairaland
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| Jumia Now Valued At Least Usd1billion by Cargoed: 7:01pm On Aug 16, 2018 |
MTN is exploring a sale of shares in African online retailer Jumia and values the company at as much as $1 billion, according to people familiar with the matter. https://www.bloomberg.com/news/articles/2018-08-16/mtn-is-said-to-mull-selling-shares-in-1-billion-valued-jumia Mtn is looking to reduce depth, but still wants to hold on to their shares becuase of the high value in cashflow year on year of the company.... |
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