Jumia Technologies has identified cases of improper transactions at the Africa-focused online retailer’s Nigeria business that amounted to as much as 4% of first quarter sales.
Browsing: Citron Research
Wall Street is finally turning more bullish on Jumia Technologies as its debut results as a public company quelled some fears amid a scathing report from short-seller Citron Research.
Facebook still has its friends on Wall Street. While some investors have voiced concern in recent months over the social media giant’s ability to withstand competition from rivals and continue to grow