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$Jumia Technologies (JMIA.US)$
It's not like it's gonna be in the positive!
But I want you to take a closer look at the daily income and expenses. It's actually in the positive if you exclude the financial results on 11/7. Do you understand the meaning of excluding the financial results from the accounting? You probably have no idea, right? I don't understand it either. But it might make you feel a little better, right?
Is that so?
I can't do it either.
The unrealized losses have swollen to the level of a young to mid-level employee's annual income. It used to be around the level of a new employee's annual income. Does this mean a promotion? From team leader to section chief maybe? If it's a large corporation, it could be even higher.
Well, jokes aside, the stock market and foreign exchange rates are likely to fluctuate significantly due to the December employment statistics. I'm not sure if they will go up or down, but personally, I think if the unemployment rate goes up, the stock prices and currency will go down. Then, funds might flow into emerging markets and defensive assets. Will Jumia rise because of that? Well, I hope it does, but maybe not yet. It might go up a bit in the latter half of December due to the year-end bonus season.
By the way, I heard that TEMU is entering Nigeria. Let's wait and see what happens, shall we? It's like watching from the sidelines.
It's not like it's gonna be in the positive!
But I want you to take a closer look at the daily income and expenses. It's actually in the positive if you exclude the financial results on 11/7. Do you understand the meaning of excluding the financial results from the accounting? You probably have no idea, right? I don't understand it either. But it might make you feel a little better, right?
Is that so?
I can't do it either.
The unrealized losses have swollen to the level of a young to mid-level employee's annual income. It used to be around the level of a new employee's annual income. Does this mean a promotion? From team leader to section chief maybe? If it's a large corporation, it could be even higher.
Well, jokes aside, the stock market and foreign exchange rates are likely to fluctuate significantly due to the December employment statistics. I'm not sure if they will go up or down, but personally, I think if the unemployment rate goes up, the stock prices and currency will go down. Then, funds might flow into emerging markets and defensive assets. Will Jumia rise because of that? Well, I hope it does, but maybe not yet. It might go up a bit in the latter half of December due to the year-end bonus season.
By the way, I heard that TEMU is entering Nigeria. Let's wait and see what happens, shall we? It's like watching from the sidelines.
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I think it will come in the future 🤔
Attracted by the business and CEO's background, haha.
$Blend Labs (BLND.US)$
Attracted by the business and CEO's background, haha.
$Blend Labs (BLND.US)$
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$Jumia Technologies (JMIA.US)$
JMIA
According to a McKinsey report, the market with the most expansion potential in the next 15 years is not AI, EV, or space, but e-commerce. (First image)
According to the United Nations' estimates, by 2050, Africa will account for a quarter of the world's population (Image 2).
In other words, for Jumia Technologies, the pioneer of African e-commerce, there is not just a 100-fold potential, but even a 1000-fold or 10,000-fold potential.
Currently, we are doing business in 11 countries in Africa, reaching approximately 0.6 billion people, with around 2 million active users. The coverage rate is 0.3%. In other words, most of the market is still untapped.
Despite that, we are still struggling as the number one e-commerce company in Africa.
Due to the impact of currency depreciation, the growth rate may seem slightly sluggish, but we are still holding back rivals and maintaining the number one position.
Current CEO Francis Dufray is a graduate of the prestigious McKinsey.
A movement to support individuals from McKinsey backgrounds, like the elite universities in Japan, is likely to emerge globally.
Elon Musk, who is from South Africa. Starting with Starlink in Africa...
JMIA
According to a McKinsey report, the market with the most expansion potential in the next 15 years is not AI, EV, or space, but e-commerce. (First image)
According to the United Nations' estimates, by 2050, Africa will account for a quarter of the world's population (Image 2).
In other words, for Jumia Technologies, the pioneer of African e-commerce, there is not just a 100-fold potential, but even a 1000-fold or 10,000-fold potential.
Currently, we are doing business in 11 countries in Africa, reaching approximately 0.6 billion people, with around 2 million active users. The coverage rate is 0.3%. In other words, most of the market is still untapped.
Despite that, we are still struggling as the number one e-commerce company in Africa.
Due to the impact of currency depreciation, the growth rate may seem slightly sluggish, but we are still holding back rivals and maintaining the number one position.
Current CEO Francis Dufray is a graduate of the prestigious McKinsey.
A movement to support individuals from McKinsey backgrounds, like the elite universities in Japan, is likely to emerge globally.
Elon Musk, who is from South Africa. Starting with Starlink in Africa...
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Next is your turn to get a nice outfit in the moo mini gaming.Start from this link >> and receive luxurious prizes!
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I am a beginner in my late twenties who was told that stocks might be suitable for me, so I decided to study and experience it once using demo trading after downloading it ( •̀ ω •́ )✧
I was told that "swing trading" might be good, so I followed and liked the person who came up in the search for that ( . .)
I was told that "swing trading" might be good, so I followed and liked the person who came up in the search for that ( . .)
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$Palantir (PLTR.US)$ It seems that the Australian government has signed a $4.719 million contract.
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