🚀 Uzbekistan's first unicorn is born! 🚀
Uzum, the e-commerce startup, has secured $114M in funding, transforming it to unicorn status with a valuation of $1.16B!
📱 With over 8M monthly active users, Uzum fills a gap in Uzbekistan's market, offering a comprehensive online marketplace and fintech solutions.
💳 Its buy-now-pay-later (BNPL) product dominates e-commerce transactions, while expansion into food delivery and digital banking strengthens its foothold.
💼 Led by FinSight Ventures, the Series A round aims to boost Uzum's fintech and e-commerce arms, with plans for new product launches and infrastructure investments.
🌐 By year-end, Uzum plans to merge its offerings into two super apps and unveil Uzbekistan's largest e-commerce logistics complex, aiming for exponential growth.
Congrats to Uzum and Uzbekistan on this important step forward demonsrating significant growth of its tech ecosystem! 🌟
https://t.me/threenstartups
#unicorn #uzbekistan #uzum
Uzum, the e-commerce startup, has secured $114M in funding, transforming it to unicorn status with a valuation of $1.16B!
📱 With over 8M monthly active users, Uzum fills a gap in Uzbekistan's market, offering a comprehensive online marketplace and fintech solutions.
💳 Its buy-now-pay-later (BNPL) product dominates e-commerce transactions, while expansion into food delivery and digital banking strengthens its foothold.
💼 Led by FinSight Ventures, the Series A round aims to boost Uzum's fintech and e-commerce arms, with plans for new product launches and infrastructure investments.
🌐 By year-end, Uzum plans to merge its offerings into two super apps and unveil Uzbekistan's largest e-commerce logistics complex, aiming for exponential growth.
Congrats to Uzum and Uzbekistan on this important step forward demonsrating significant growth of its tech ecosystem! 🌟
https://t.me/threenstartups
#unicorn #uzbekistan #uzum
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