JUMIA Stock Analysis! 🚀 JMIA Q1 Earnings Just Announced!

<p>Is it too late to buy JMIA stock? Shares of the e-commerce and digital-payments company Jumia Technologies were all over the place today after they reported Q1 earnings results. Is Jumia technologies a buy right now in 2021? Is JMIA stock a safe investment? Will the stock fall lower? &nbsp;</p> <p>🚀 Join the VIP Membership Group today! ► https://fiveorlessfinance.com/&nbsp;</p> <p>In 2020, Jumia saw GMV declines in every single quarter except Q4. &nbsp;Gross merchandise value reflects the total sum of the value of every single order for products and services on their platform. From a certain standpoint, if you've been following any of the other e-commerce companies in the world such as Amazon, Shopify, and MercadoLibre, you would have seen that they had very strong GMV growth. So what is happening with Jumia? It’s important to be reminded that their management warned us about this decline, as It was linked to structural changes made within the company. 2020 was a monumental year for Jumia, &nbsp;as they shifted their revenue business model from a first-party to a third-party revenues in order to become more profitable in the future. This shift impacted the revenue growth significantly, and effectively, there is still some adjusting to be done. We also saw Jumia turn away from clunky sales like electronics, to more everyday type consumables product sales like food, cosmetics and clothing. A product of this transition is that &nbsp;they will be selling products that have more buying frequencies than things like electronics. It’ll be many years before its strategy pays off. But to me, this business transition makes complete sense. Additionally, most countries in Africa have lifted their lockdown restrictions, but some countries like Morocco and Kenya still have curfews. And this especially impacts parts of the business like JumiaFood. 2020 was a rough year for Jumia. It included major structural changes, they were forced to implement various cost cutting measures, and they even took the decision of exiting severa