Bearish
$JMIA @aveuk69 People make comparisons with Amazon but there are main differences. Amazon had good infrastructure (road, internet, telephone, political stability, working in one country with 50 states instead of one continent with 54 countries). Did not face such fraud accusations, and it took years for any meaningful online competitors to come up. Finally, when I read people's reviews and experiences on using Jumia, they complain of finding better prices in many different places and favoring Alibaba. To me it looks like they will continue to bleed cash and burn. When people make long term bets on this one, what is the main reason why you support this company?
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