The Africa-focused e-commerce platform, backed by MTN, Rocket Internet, Millicom, Orange, Axa and Pernod Ricard, has filed for a $100m initial public offering in the US.

Germany-headquartered e-commerce marketplace Jumia filed yesterday to raise $100m in a US initial public offering that would enable corporates Axa, Millicom, MTN, Orange, Pernod Ricard and Rocket Internet to exit. Jumia runs an e-commerce platform that sells a diverse range of goods including electronics, clothing, cosmetics and home goods across 14 African countries. It increased…

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