Jumia stock slid down from a high of $15.91 Tuesday morning to $11.83 this morning, before clawing back to over $13 as of midmorning. The two co-CEOs of this regional commerce giant found a way to spin the news toward positive growth strategy: "These results reflect our continued focus on offering a relevant and engaging online shopping and lifestyle destination for consumers, while providing our sellers with an attractive value proposition and a platform to grow their businesses," wrote Jumia CEOs Sacha Poignonnec and Jeremy Hodara in a response statement. "We remain focused on all aspects of our growth strategy, particularly JumiaPay, as we continue to drive its usage in our markets." However, some analysts see mismanagement of Jumia hurting its general prospects for market opportunity in the region with a young population that may get improved Internet access in the years to come.