cenaman:
Can someone explain to me! we have Nigeria stock exchange, "no lagos stock exchange" now we NY stock exchange why not AMERICA (USA) stock exchange?

it's just a name... nothing special

wman:
Damn. Over $1 billion in losses

Facebook, Microsoft, Amazon ,apple and Google lost over 300 billion dollars since Monday

Jchi9876:
Listing on the NYSE was just a dumb market boosting idea and media facelift

They will crash out completely very soon..
The retail industry in the USA is already saturated enough.
Nobody is buying shit From Africa

u just completely displayed your ignorance in an international site.. smh

I wonder why Jumia didn't list on the Nigeria stock exchange. Jumia is largely a African company trading largely in African currency, how do you list on stock exchange that is largely dollar dominant?

China trade war kicking...

TechCapon:
Every company's share in the world falls. That's why Huawei founder refused to list the company in any stock market. When Facebook shares crashed to an all time low because of scandals, Zuckerberg almost lost his position as chairman/ceo.

U can't compare Facebook n jumia.

Jumia have never made a profit since 2012

Gentlewarrior1:
This bubari regime Bleep many things up no be small

Directly and indirectly

. i am not sure you read the post because if you did, you will see where they said thaf Jumia has been accumulating losses since 2012

winterfell007:
I wonder why Jumia didn't list on the Nigeria stock exchange. Jumia is largely a African company trading largely in African currency, how do you list on stock exchange that is largely dollar dominant?

Just because a company is indigenous to a country doesn't imply it must be listed on the stock market of its home country. Companies list where there is liquidity and no country has more liquidity than the US. Which is why every company jostles to list there. It's where the money is. You mention any Africa stock market, but do you know that there are less than five companies listed on the stock market of Cameroon? And besides South Africa, Nigeria, Kenya and Egypt, other African stock markets are worthless and have no liquidity. Also, dollar is the world's dominant currency.

Trust me, as an entrepreneur, it's the best to list on the NYSE.

Esseite:
Social media having sections for online business and dropshiping has taken the market from businesses like Jumia and konga..

Before:
Alibaba - Amazon - Jumia - instgram - individuals..

Now:
Alibaba - Amazon - instagram - individuals..

Next:
Alibaba - Amazon - Individuals..

Future:
Alibaba - Individuals..

Hehe, the future is now.

People gladly buy stuff from all of Alibaba groups (1688, Alixpress, etc) directly delivered to their homes - like mini importation. The more the internet penetrates Nigeria, the easier importation of goods become, the harder Jumia and the likes try to make sales.

cenaman:
Can someone explain to me! we have Nigeria stock exchange, "no lagos stock exchange" now we NY stock exchange why not AMERICA (USA) stock exchange?

Its because NY existed before America

Na normal thing Jor.... Even dry bones for Bible rise again

VRDroid:
Jumia is not worth $14.50

Just a nice Exit Strategy for the PE Investors and if my experience in IPOs serves me right, this is just the best maturity period for the smart venture capitalist stakeholders to exit the deal structure with a chunk of ROI.

I can't wait to list my companies and relocate to Monaco, where I will leave my bones on the sands of time.

Wow Monaco to enjoy tax free...

VRDroid:
Jumia is not worth $14.50

Just a nice Exit Strategy for the PE Investors and if my experience in IPOs serves me right, this is just the best maturity period for the smart venture capitalist stakeholders to exit the deal structure with a chunk of ROI.

I can't wait to list my companies and relocate to Monaco, where I will leave my bones on the sands of time.

Wow Monaco to enjoy tax free...

Rajosh:
I will buy when it falls to $1

You want to buy a company whose operating lose is $51million

Gerrard59:


Just because a company is indigenous to a country doesn't imply it must be listed on the stock market of its home country. Companies list where there is liquidity and no country has more liquidity than the US. Which is why every company jostles to list there. It's where the money is. You mention any Africa stock market, but do you know that there are less than five companies listed on the stock market of Cameroon? And besides South Africa, Nigeria, Kenya and Egypt, other African stock markets are worthless and have no liquidity. Also, dollar is the world's dominant currency.

Trust me, as an entrepreneur, it's the best to list on the NYSE.

Also you can buy stock on USA stock exchange at the comfort of your home

why is huawei no listed on the NYSE

PrecisionFx:



U can't compare Facebook n jumia.

Jumia have never made a profit since 2012

Companies declare loss for tax purposes

RIHMEEK:
Wow Monaco to enjoy tax free... Wow Monaco to enjoy tax free...

Not just Tax Free, it indicates Freedom from Human Farming. It is one of the last Homes of Free Humans. Monaco is Home to all who can afford her.

TheAlchemist:


Companies declare loss for tax purposes

Yea, no companies on earth lose money again, they all declare losses for tax purposes

gnykelly:


You want to buy a company whose operating lose is $51million

it will rise again.

ollah1:


Its because NY existed before America

it used to be called Lagos Stock Exchange before it was renamed to Nigeria Stock Exchange

It is normal,
the first few Months speculators and profit takers buy and sell, in the Long run, it becomes stable

Rajosh:
it used to be called Lagos Stock Exchange before it was renamed to Nigeria Stock Exchange

Because of our system of government.

martineverest:
u just completely displayed your ignorance in an international site.. smh

You could have typed your bazooka in pidgin English or yigbo

You literally just displayed your olodo attitude.
You don't know when to use "on and in" when writing .

You sick

Jchi9876:


You could have typed your bazooka in pidgin English or yigbo

You literally just displayed your olodo attitude.
You don't know when to use "on and in" when writing .

You sick

Ur zero IQ couldn't discern it was a typo

martineverest:
Ur zero IQ couldn't discern it was a typo

Blame it on typo...
Your keyboard happy fingers couldn't tell your knocked out brain to proofread before hitting send?

That's what I thought you brain dead!

Jchi9876:


Blame it on typo...
Your keyboard happy fingers couldn't tell your knocked out brain to proofread before hitting send?

That's what I thought you brain dead!

your stupidity is legendary

ollah1:


Because of our system of government.

okay now I understand. I thought they changed it for no reason.