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Expansion is the name of the game

Expansion is the name of the game

Jumia expands into online food delivery in quest to open new markets.

  • Jumia Technologies is expanding into online food delivery as the pioneering African #e-commerce business looks to grow beyond its main market of trading phones and electronics.
  • China's Inner Mongolia will ban all cryptocurrency mining activities by April 2021 amid efforts to curb high energy-use projects, boosting the price of #Bitcoin.
  • European shares jumped and the bond market calmed, with #yields dropping from their recent spikes, while optimism about U.S. fiscal stimulus sent #oil prices higher.

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