Source: Tech – South China Morning PostUzbekistan’s first tech unicorn, Uzum, is seeking a final pre-initial public offering (IPO) funding round next year in Hong Kong, after raising a US$70 million investment from Tencent Holdings months ago.
Uzum co-founder Nikolay Seleznev said on Tuesday that Tencent’s investment in August bolstered the company’s plans to go public in 2027, with a potential listing in Hong Kong, London, Abu Dhabi or Nasdaq in the US.
The Tencent-led funding lifted Uzum’s valuation to US$1.5 billion, while opening…Read More