Stock Track | Jumia Technologies Soars 17% on Axian Telecom Takeover Interest

Stock Track

Jul 01, 2025

Jumia Technologies AG (JMIA) shares skyrocketed 17.16% during Tuesday's intraday trading session, following reports of potential takeover interest from Axian Telecom. The sudden surge in stock price prompted a trading halt by the New York Stock Exchange, as investors rushed to react to the news.

According to sources familiar with the matter, as reported by Bloomberg, Axian Telecom has expressed interest in acquiring Jumia Technologies. This development has sparked excitement among investors, given the potential for a premium buyout offer and the strategic implications for Jumia's e-commerce and digital services operations across Africa.

The trading halt, implemented at $4.71 per share, suggests that exchange officials may be seeking additional information about the reported takeover interest. Such halts are typically imposed when there is pending news that could significantly impact a stock's price. As trading resumes, market participants will be closely watching for any official statements from Jumia or Axian regarding the potential acquisition talks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1148111613"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1148111613\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1148111613?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-01 22:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148111613","market":"sg","top_or_hot":-1,"title":"Stock Track | Jumia Technologies Soars 17% on Axian Telecom Takeover Interest","media":"Stock Track","content":"<p>Jumia Technologies AG (JMIA) shares skyrocketed 17.16% during Tuesday's intraday trading session, following reports of potential takeover interest from Axian Telecom. The sudden surge in stock price prompted a trading halt by the New York Stock Exchange, as investors rushed to react to the news.</p>\n\n<p>According to sources familiar with the matter, as reported by Bloomberg, Axian Telecom has expressed interest in acquiring Jumia Technologies. This development has sparked excitement among investors, given the potential for a premium buyout offer and the strategic implications for Jumia's e-commerce and digital services operations across Africa.</p>\n\n<p>The trading halt, implemented at $4.71 per share, suggests that exchange officials may be seeking additional information about the reported takeover interest. Such halts are typically imposed when there is pending news that could significantly impact a stock's price. As trading resumes, market participants will be closely watching for any official statements from Jumia or Axian regarding the potential acquisition talks.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Jumia Technologies Soars 17% on Axian Telecom Takeover Interest</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Jumia Technologies Soars 17% on Axian Telecom Takeover Interest\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-07-01 22:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Jumia Technologies AG (JMIA) shares skyrocketed 17.16% during Tuesday's intraday trading session, following reports of potential takeover interest from Axian Telecom. The sudden surge in stock price prompted a trading halt by the New York Stock Exchange, as investors rushed to react to the news.</p>\n\n<p>According to sources familiar with the matter, as reported by Bloomberg, Axian Telecom has expressed interest in acquiring Jumia Technologies. This development has sparked excitement among investors, given the potential for a premium buyout offer and the strategic implications for Jumia's e-commerce and digital services operations across Africa.</p>\n\n<p>The trading halt, implemented at $4.71 per share, suggests that exchange officials may be seeking additional information about the reported takeover interest. Such halts are typically imposed when there is pending news that could significantly impact a stock's price. As trading resumes, market participants will be closely watching for any official statements from Jumia or Axian regarding the potential acquisition talks.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JMIA","symbol_name":"Jumia Technologies AG","start_time":0,"source_url":"","article_id":"1148111613","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148111613","pubTimestamp":1751381310,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Jumia Technologies AG  shares skyrocketed 17.16% during Tuesday's intraday trading session, following reports of potential takeover interest from Axian Telecom. The sudden surge in stock price prompted a trading halt by the New York Stock Exchange, as investors rushed to react to the news.According to sources familiar with the matter, as reported by Bloomberg, Axian Telecom has expressed interest in acquiring Jumia Technologies. This development has sparked excitement among investors, given the ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JMIA":"Jumia Technologies AG"},"translate_title":"Axian Telecom收购兴趣导致Jumia Technologies股价飙升17%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JMIA":1},"content_text":"Jumia Technologies AG (JMIA) shares skyrocketed 17.16% during Tuesday's intraday trading session, following reports of potential takeover interest from Axian Telecom. The sudden surge in stock price prompted a trading halt by the New York Stock Exchange, as investors rushed to react to the news.\nAccording to sources familiar with the matter, as reported by Bloomberg, Axian Telecom has expressed interest in acquiring Jumia Technologies. This development has sparked excitement among investors, given the potential for a premium buyout offer and the strategic implications for Jumia's e-commerce and digital services operations across Africa.\nThe trading halt, implemented at $4.71 per share, suggests that exchange officials may be seeking additional information about the reported takeover interest. Such halts are typically imposed when there is pending news that could significantly impact a stock's price. As trading resumes, market participants will be closely watching for any official statements from Jumia or Axian regarding the potential acquisition talks.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}