Jumia Q1 TPV $48.6M, Down 31% YoY
Portfolio Pulse from Benzinga Newsdesk
Jumia's Q1 total payment volume (TPV) was $48.6 million, a 31% decrease year-over-year.
May 23, 2023 | 10:48 am
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Jumia's Q1 TPV decreased by 31% YoY, indicating a decline in the company's performance.
Jumia's Q1 TPV decline of 31% YoY indicates a significant decrease in the company's performance. This could negatively impact investor sentiment and potentially lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100