<SEC-DOCUMENT>0000929638-25-004227.txt : 20251112
<SEC-HEADER>0000929638-25-004227.hdr.sgml : 20251112
<ACCEPTANCE-DATETIME>20251112162832
ACCESSION NUMBER:		0000929638-25-004227
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251112
DATE AS OF CHANGE:		20251112

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Jumia Technologies AG
		CENTRAL INDEX KEY:			0001756708
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
		ORGANIZATION NAME:           	07 Trade & Services
		EIN:				000000000
		STATE OF INCORPORATION:			2M
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-90984
		FILM NUMBER:		251473247

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		SKALITZER STRASSE 104
		CITY:			BERLIN
		PROVINCE COUNTRY:   	2M
		ZIP:			10997
		BUSINESS PHONE:		0033668328384

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		SKALITZER STRASSE 104
		CITY:			BERLIN
		PROVINCE COUNTRY:   	2M
		ZIP:			10997

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Africa Internet Holding GmbH
		DATE OF NAME CHANGE:	20181023

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Fund 1 Investments, LLC
		CENTRAL INDEX KEY:			0001959730
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		100 CARR 115
		STREET 2:		UNIT 1900
		CITY:			RINCON
		PROVINCE COUNTRY:   	PR
		ZIP:			00677
		BUSINESS PHONE:		804-363-4458

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		100 CARR 115
		STREET 2:		UNIT 1900
		CITY:			RINCON
		PROVINCE COUNTRY:   	PR
		ZIP:			00677
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001959730</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Ordinary Shares underlying American Depositary Shares (each representing two Ordinary Shares)</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001756708</issuerCik>
<issuerName>Jumia Technologies AG</issuerName>
<issuerCusip>48138M105</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>Skalitzer Strasse 104</com:street1>
<com:city>Berlin,</com:city>
<com:stateOrCountry>2M</com:stateOrCountry>
<com:zipCode>10997</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Fund 1 Investments, LLC</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>19180506</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>19180506</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>19180506</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>7.83</classPercent>
<typeOfReportingPerson>OO</typeOfReportingPerson>
<comments>(Limited Liability Company)&#13;
&#13;
As of November 12, 2025, the Reporting Person beneficially owned 23,897,464 Ordinary Shares underlying American Depositary Shares (each representing two Ordinary Shares), representing 9.76% of the Ordinary Shares outstanding.</comments>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Jumia Technologies AG</issuerName>
<issuerPrincipalExecutiveOfficeAddress>Skalitzer Strasse 104, Berlin,, Germany, 10997</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Fund 1 Investments, LLC</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>100 Carr 115 Unit 1900&#13;
Rincon, Puerto Rico 00677</principalBusinessOfficeOrResidenceAddress>
<citizenship>Delaware</citizenship>
</item2>
<item3>
<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>HC</typeOfPersonFiling>
</item3>
<item4>
<amountBeneficiallyOwned>19,180,506</amountBeneficiallyOwned>
<classPercent>7.83</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>0</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>19,180,506</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>19,180,506&#13;
&#13;
Shares reported herein for Fund 1 Investments, LLC represent Ordinary Shares underlying American Depositary Shares (each representing two Ordinary Shares) that are held for the benefit of private investment vehicles for which Pleasant Lake Partners LLC serves as investment adviser. Fund 1 Investments, LLC serves as managing member of Pleasant Lake Partners LLC. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of Fund 1 Investments, LLC, Pleasant Lake Partners LLC and Mr. Lennon disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.&#13;
All percentages reported herein with respect to the Reporting Person's holdings are calculated based upon a statement in the Issuer's Annual Report on Form 20-F for the quarterly period ended December 31, 2024, as filed with the Securities and Exchange Commission on March 7, 2025, that there were 244,925,650 Ordinary Shares of the Issuer outstanding.</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>N</notApplicableFlag>
<ownershipMoreThan5PercentOnBehalfOfAnotherPerson>See Item 4.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
</item6>
<item7>
<notApplicableFlag>N</notApplicableFlag>
<subsidiaryIdentificationAndClassification>See Item 4.</subsidiaryIdentificationAndClassification>
</item7>
<item8>
<notApplicableFlag>N</notApplicableFlag>
<identificationAndClassificationOfGroupMembers>Not Applicable</identificationAndClassificationOfGroupMembers>
</item8>
<item9>
<notApplicableFlag>N</notApplicableFlag>
<groupDissolutionNotice>Not Applicable</groupDissolutionNotice>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<signatureInformation>
<reportingPersonName>Fund 1 Investments, LLC</reportingPersonName>
<signatureDetails>
<signature>/s/ Benjamin C. Cable</signature>
<title>Benjamin C. Cable/Chief Operating Officer</title>
<date>11/12/2025</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
