Citron's timing on the May 2019 short could not have been better. Jumia shares cratered more than 50% in less than three months and had lost 80% of their value by the end of the year. But since ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jumia, the Africa-focused ecommerce company, saw its share price drop by nearly a quarter by midday in New ...

AMSTERDAM (Reuters) - African ecommerce company Jumia is trying to encourage more ... of the report by Citron Research, run by short-seller Andrew Left. "We stand by what we disclosed ...

Jumia CEO denies short-seller claims that the African e-commerce platform is fraudulent. Analysts see the risk that more capital will be needed to fund losses. Claims by Citron Research that the stock ...