Transformation of the Middle East and Africa's E-Payments Market During COVID-19
Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (JMIA)
Company Research
Source: PR Newswire
DUBLIN, Aug. 13, 2020 /PRNewswire/ -- The "Middle East & Africa Online Payment Methods 2020 and COVID-19's Impact" report has been added to ResearchAndMarkets.com's offering. Cash on delivery was the leading payment method preferred by online shoppers in Saudi Arabia, Jordan, Egypt, Morocco, Kenya, and other countries in this region, as of 2019. The COVID-19 outbreak in early 2020, however, is changing this perspective, with online shopping platforms and regulators encouraging the use of cashless payment means during the pandemic. Their efforts are already showing results, as close to two-thirds of respondents to an April 2020 survey reported having reduced their use of cash since the outbreak. Mobile money, card, and contactless payments are among the payment methods that are benefitting from consumers turning their backs on cash.Africa and Middle East's FinTech companies are contributing to the rise of digital payments across the region, with the help of millions of dollars raised d
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News
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- Jumia Files Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange Commission [Yahoo! Finance]Yahoo! Finance
- Jumia Files Annual Report 2023 on Form 20-F with the U.S. Securities and Exchange CommissionAccesswire
- We're Hopeful That Jumia Technologies (NYSE:JMIA) Will Use Its Cash Wisely [Yahoo! Finance]Yahoo! Finance
JMIA
Sec Filings
- 3/28/24 - Form 20-F
- 3/28/24 - Form 6-K
- 2/15/24 - Form 6-K
- JMIA's page on the SEC website