Baillie Gifford
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Jumia’s largest investor exits with likely multimillion-dollar loss
Techpoint Africa - May 28, 2025
Baillie Gifford sold its entire 18 million-share stake in Jumia, reducing ownership from 7.4% to 0%. Jumia's share price dropped from over $26 in 2019 to around $2.5 at the time of Baillie Gifford's sale.
TemuFrancis DufayJumiaBaillie GiffordShein
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