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Brand AI

Jumia

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019

    Citron Research short-seller allegations

    Andrew Left of Citron Research alleged that Jumia's public disclosures contained material discrepancies and called the company a securities-fraud case. Jumia's stock fell sharply after publication. Citigroup disputed most of the allegations while noting that Jumia could improve transparency around some operating metrics.

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