For the most part, Jumia Technologies (JMIA +2.53%) stock was on an upward trajectory in August. Much of this had to do with the second-quarter earnings report it posted mid-month, accompanied by an announcement of a capital raise backed by a familiar global financial agency. The African e-commerce company's American Depositary Shares (ADSes) closed the month nearly 16% higher. Double-digit improvementsThose results were published on Aug. 12 and revealed that Jumia's revenue totaled $52 million. That was go ...