Rocket Internet, has sold off its stakes in Jumia, as the African eCommerce firm's shares continue to decline on the New York Stock Exchange.
The owner of the office space where Jumia operated in Cameroon has ridiculed the company’s operational method.
There are strong indications that Rocket Internet, owner of e-commerce platform Jumia.
Popular e-commerce platform, Jumia, could have a new owner soon, as its parent company, Rocket Internet is considering floating it through an Initial Public Offer (IPO). This...