Jumia in bullish mood after listing on NY Stock Exchange

LYDIA NABAWANDA

The chief executive officer of Jumia Uganda, Ron Kawamara has said that the listing of the company of the New York Stick Exchange is indication of the great strides the company has made over the years.

Speaking to journalists, Kawamara said this move will motivate them to become more innovative.

"This shows a level of trust that the international global sector has in Jumia and we appreciate our customers, clients and all that have supported online marketing with Jumia," he said.

He said this trust will enable them grow more.

"Being listed on the stock exchange buys a lot of trust in Jumia which calls for credibility to attract customers and retain top talent as a fast growing company.’’

This year, Jumia started off on a good note after MTN invested in it.

Kawamara said they employ over 5000 people in Africa.