News & Events zu Jumia Technologies AG (JMIA)JMIAJumia Technologies AG

U.S. Stock Futures Rise After Consumer Prices Report

Stock futures are higher after the July consumer prices report, with the data providing a near-term signal for the Federal Reserve's September policy decision. The CPI report came in exactly in line with expectations. Consumer prices rose 0.1% month over month and 3.4% year over year, down from 3.5% in June, while core CPI rose 0.2% monthly and 2.5% annually. The combination of softer employment and contained core inflation could strengthen the case for eventual easing. That said, inflation remains well above the Fed's 2% target, and rising oil prices could put renewed upward pressure on headline inflation in coming months.AI infrastructure stocks are providing a significant boost to the broader market. CoreWeave is up sharply in premarket trading after reporting better-than-expected second-quarter results and raising its capital-spending forecast, while Super Micro Computer is also gaining following a strong revenue outlook. The results are reinforcing investor confidence that demand for AI computing infrastructure remains strong despite ongoing concerns about the enormous capital expenditures required to support the industry.Brent crude has risen for six consecutive sessions as tensions involving Iran and disruptions around the Strait of Hormuz continue to threaten energy supplies. Higher oil prices could complicate the Fed's inflation outlook if the increases persist, particularly at a time when markets are already debating whether monetary policy can ease later this year.In pre-market trading, S&P 500 futures rose 0.45%, Nasdaq futures rose 0.97% and Dow futures rose 0.27%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -CoreWeaveup 20%Cava Groupup 17%Nebiusup 16%H&R Blockup 13%Kornit Digitalup 9%Super Microup 9%Lumentumup 9%MSG Entertainmentup 3%Trimbleup 3%DOWN AFTER EARNINGS -Performance Food Groupdown 4%Amcordown 3%Jumia Technologiesdown 1%Kontoor Brandsdown 1%

Jumia Completes $25M Capital Raise

On August 11, Jumia priced a capital raise anchored by a $25M investment from the International Finance Corporation, a member of the World Bank Group, and including investments by Axian as well as other investors. The investors agreed to purchase 9.1M ADSs at a price of $5.52 per ADS, resulting in expected gross proceeds to Jumia of $50M. The transactions are subject to customary conditions and are expected to close in the second half of August 2026. Jumia currently intends to use the net proceeds to support its next phase of growth, enhance efficiency across its core African markets and strengthen its integrated marketplace and logistics network.

Jumia Updates 2026 GMV Growth Target to 20%-30%

The company said, "Jumia remains committed to delivering profitable growth through the fourth quarter of 2026 by scaling usage, improving operational efficiency, and continuing to reduce cash burn. Usage growth is the clearest evidence that our fundamentals remain intact: physical goods Orders grew by 28% and Quarterly Active Customers grew by 23% year-over-year in the second quarter, both adjusted for perimeter effects. Gross profit grew by 28% year-over-year, reflecting continued progress in marketplace monetization. Importantly, we deliberately chose to protect our margins and unit economics this quarter rather than chase GMV at the expense of profitability on an Adjusted EBITDA basis. With continued cost discipline, our Adjusted EBITDA loss narrowed by 36% year-over-year. We are updating our GMV growth target for 2026, given the volatility and uncertainty surrounding the market for higher-value categories. Our Adjusted EBITDA and cash flow targets remain unchanged. Reaching them does not require pursuing GMV growth at any cost - we will keep prioritizing healthy usage growth and sales growth in lower-value but higher-margin categories. Based on current trends, we are updating our full-year 2026 guidance as follows: GMV is projected to grow between 20% and 30% year-over-year, adjusted for perimeter effects. We forecast Adjusted EBITDA loss to be between $25M and $30M. We confirm our strategic goal to achieve breakeven on an Adjusted EBITDA basis and positive cash flow in the fourth quarter of 2026, and to deliver full-year profitability on an Adjusted EBITDA basis and positive cash flow in 2027. Third quarter 2026: GMV is projected to grow between 15% and 25% year-over-year, adjusted for perimeter effects."