Tech: Meet Jumia
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 9 August 2019
⏱️ 29 minutes
🧾️ Download transcript
Summary
We're back with another _________ of __________ type business, this time we're talking about the Amazon of Africa, Jumia. The first African tech company to list on the NYSE shined in the weeks after its debut, but shares have come back down to IPO price as the dust has settled and some have warned of potential issues with the business. Should investors be eyeing this MercadoLibre wannabe?
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Transcript
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| 0:00.0 | This episode of Industry Focus is supported by NetSuite, the business management software |
| 0:04.7 | that handles every aspect of your business in an easy-to-use cloud platform. |
| 0:09.7 | Download their free guide, seven key strategies to grow your profits today over at net suite |
| 0:14.5 | dot com slash fool. Welcome to Industry Focus the podcast that dives into a |
| 0:20.8 | different sector of the stock market every day. |
| 0:23.0 | Today is Friday, August 9th, and we're talking about the e-commerce leader of Africa. |
| 0:27.0 | I'm your host, Del Lewis, and I'm joined by Fool.com's Jason Hall on Skype. |
| 0:31.0 | Jason, how's it going man? |
| 0:33.4 | Great, it's funny, after working together for like six years now, |
| 0:37.8 | I think this is the first time we've ever done a podcast together. |
| 0:41.5 | I know, and I'm thrilled because I've heard such wonderful things |
| 0:44.1 | from Nick Saipel in the shows that he has done with you. He's spoken so highly about having you on as a guest. You know, |
| 0:49.8 | sometimes you have people that don't give it back. Sometimes you're kind of throwing questions out there, |
| 0:53.3 | you're not getting a whole lot back. |
| 0:54.8 | That's not the case with you, Jason. |
| 0:56.8 | You know, I like to be engaged. |
| 0:58.5 | What can I say? |
| 0:59.5 | I think the reason Nick really likes to have me on there |
| 1:01.8 | is, you know, he's an Alabama guy and I'm a |
| 1:04.7 | Georgia guy and I think he likes to lord it over me a little bit that his crimson tide |
| 1:08.9 | seems to have my bulldogs number so yeah it's nice to not have to take that beating. |
| 1:15.4 | Well this is going to be in a breeze of a show for you because my college football |
... |
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