Jumia ($JMIA) has successfully completed its secondary offering of 20 million ordinary shares, achieving its capital-raising goal just a few days after the initial announcement. TechCabal has reviewed a securities filing which reports that the total proceeds from this offering reached $99.6 million. The data implies an average selling price of roughly $4.95 per share, … Continue reading Jumia secures $99.6 million from secondary share offering