Jumia—Largest investor Baillie Gifford dumped entire position in 2025 at estimated 80-90% loss
In May 2025, Baillie Gifford, Jumia's largest investor, completely liquidated its entire position after gradually reducing ownership from 10% to 9.2% to 7.4% in 2024. The final block was sold around $2.5 per share, representing an estimated 80-90% capital loss from the original purchase price in the mid-$20s. Q1 2025 revenue dropped 26% with only $110 million left in cash reserves. Jumia faced a $66 million operating loss in 2024.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Corporate Governance | -against | primary | -1.00 |
| Overall incident score = | -0.059 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.59)× agency (incidental ×0.1)
Evidence (1 signal)
Largest investor Baillie Gifford dumped entire position in 2025 at estimated 80-90% loss
In May 2025, Baillie Gifford, Jumia's largest investor, completely liquidated its entire position after gradually reducing ownership from 10% to 9.2% to 7.4% in 2024. The final block was sold around $2.5 per share, representing an estimated 80-90% capital loss from the original purchase price in the mid-$20s. Q1 2025 revenue dropped 26% with only $110 million left in cash reserves. Jumia faced a $66 million operating loss in 2024.