Jumia Technologies AG
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Consumer Discretionary : Internet & Direct Marketing Retail |
Based in Germany
Company profile

Jumia Technologies AG is a Germany-based e-commerce platform provider. The Company’s platform consist of sellers with consumers, its logistics service, which enables the shipment and delivery of packages from sellers to consumers, and its payment service, which facilitates transactions among participants active on the Company’s platform. The Company’s marketplace is consists of a range of sellers that offer goods in a wide range of categories, such as fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes and other electronics. The Company also provide consumers with access to a various services, such as restaurant food delivery, hotel and flight booking, classified advertising and airtime recharge.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Price
Delayed
$13.31
Day's Change
2.24 (20.22%)
Bid
--
Ask
--
B/A Size
--
Day's High
13.61
Day's Low
12.39
Volume
(Heavy Day)

Today's volume of 8,937,589 shares is on pace to be much greater than JMIA's 10-day average volume of 5,155,949 shares.

8,937,589

Amazon Supports Department of Justice's Prosecution of Four Defendants Charged with Fraud

5:04 pm ET October 15, 2021 (BusinessWire) Print

Amazon.com, Inc.:

What:

The United States Attorney's Office for the Western District of Michigan yesterday charged four individuals in a more than 30 count indictment for their role in defrauding Amazon's textbook rental program. The charges include mail fraud, wire fraud, and making false statements. Amazon's robust anti-fraud systems discovered this scheme and it supported the multi-year investigation.

You can see the related press release here: https://www.justice.gov/Usao-wdmi/pr/2021_1014_Talsma

Statement from Amazon: Only through close collaboration with law enforcement is the prosecution of fraud like this possible. We are grateful to the United States Attorney's Office for the Western District of Michigan, the Federal Bureau of Investigation, and the U.S. Postal Inspector of Michigan in their thorough pursuit of this case. Fraud undermines the trust of our customers, and jeopardizes the value and selection that entrepreneurs, authors, and publishers provide to millions of customers through our stores. We will continue to pursue all available measures to protect our customers and hold bad actors accountable.

Additional Background Case: 1:21-cr-00180-HYJ, United States District Court for the Western District of Michigan

Amazon has an extensive history of protecting its customers from fraud and abuse:

https://press.aboutamazon.com/news-releases/news-release-details/amazon-counterfeit-crimes-unit-reaches-settlement-influencers https://press.aboutamazon.com/news-releases/news-release-details/amazon-announces-lawsuit-combat-fraudulent-affiliate-marketing https://press.aboutamazon.com/news-releases/news-release-details/ftc-obtains-permanent-ban-and-2m-judgment-work-home-scammer https://press.aboutamazon.com/news-releases/news-release-details/amazon-supports-investigation-and-prosecution-four-new-york

View source version on businesswire.com: https://www.businesswire.com/news/home/20211015005629/en/

SOURCE: Amazon.com, Inc.

Amazon.com, Inc.
Media Hotline
Amazon-pr@amazon.com 
www.amazon.com/pr
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