Monday 18 February 2019
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leadership - 6 days ago

Jumia Seeks $1.5bn Value In US IPO-Report

African online retailer Jumia is planning an initial public offering in New York this year that could value the business at about $1.5 billion, Bloomberg reported, citing people familiar with the matter. Jumia’s largest shareholder MTN Group is planning to raise as much as $600 million by selling its shares through the IPO, said one [ ] The post Jumia Seeks $1.5bn Value In US IPO-Report appeared first on Leadership Newspaper and Nigerian News Network.

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