European internet and investment company, Rocket Internet is reportedly seeking an exit from Jumia, one of Africa’s largest eCommerce platforms, through an initial public offering(IPO). According to an unconfirmed report on Reuters, this is in line with Rocket Internet’s strategy of ‘building and selling’ online startups. The report further claims that €200 million ($245.7 million) — […]
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Jumia may soon IPO
