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JMIA vs RCT

Jumia Technologies AG and RedCloud Holdings plc Ordinary Shares

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Jumia Technologies AG

Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the United Arab Emirates, and internationally. The company's platform consists of marketplace that connects sellers with customers; logistics service, which enables the shipment and delivery of packages from sellers to consumers; and payment service with its network of licensed payment service providers and other partner which facilitates transactions to participants active on the company's platform in selected markets under the JumiaPay name. Its marketplace offers various products in a range of categories, including phones, electronics, home and living, fashion, beauty, and fast-moving consumer goods; and various digital lifestyle services, such as utility bills payment, airtime recharge, and gaming and entertainment. It serves through retailers, distributors, and other corporate buyers. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was incorporated in 2012 and is headquartered in Berlin, Germany.

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RedCloud Holdings plc Ordinary Shares

RedCloud Holdings plc operates a cloud based business-to-business open commerce platform primarily in Argentina, the United Kingdom, Brazil, Nigeria, South Africa, and internationally. The company develops and operates the RedCloud Platform that facilitates the trading of consumer supplies of fast-moving consumer goods across business supply chains. Its platform enables retailers in markets to use data driven insights backed by AI to help make business-to-business purchases and inventory decisions from brands and distributors by purchasing behaviors of product inventory catalogues. It also provides digital financial solutions under RedPay, including e-wallet services and access to localized payment networks. RedCloud Holdings plc was incorporated in 2024 and is based in London, the United Kingdom.

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