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Jumia Technologies' stock volume spikes 64% as Axian Telecom considers acquisition.
Jumia Technologies, an African e-commerce company, saw its stock volume spike by 64% on Tuesday, with shares trading at $4.27.
The company operates a platform connecting sellers and buyers across Africa and internationally.
Meanwhile, telecom firm Axian Telecom is reportedly interested in acquiring Jumia, leveraging recent $600 million financing, though no agreement has been finalized.
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El volumen de acciones de Jumia Technologies sube un 64% cuando Axian Telecom considera una adquisición.