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Meet Uzbekistan's first unicorn: e-commerce startup Uzum | TechCrunch

Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn with a valuation of $1.16 billion. Uzbekistan is fertile ground for startups, given the fact that people aged below 30 constitute about 60% of its population of over 35 million. The country also enjoys a near 100% literacy rate (according to its government), more than 76% internet penetration, and over 7...

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