Why is Jumia (JMIA) suddenly a takeover target, and could this African e-commerce play double your money?
8/11/2025 08:46am
**Jumia Technologies (JMIA) is experiencing heightened takeover interest due to several factors that have recently improved its financial performance and strategic positioning.** Here's a breakdown of the key reasons for its surge in value and potential as a takeover target:
1. **Strong Revenue Growth and Profitability**: Jumia reported a 25% year-over-year revenue increase to $45.6 million in Q2 2025, surpassing market estimates. This growth was driven by enhanced marketplace monetization and international brand partnerships. The company narrowed its adjusted E