Bezos makes first-ever investment in Southeast Asia’s e-commerce

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Amazon's Jeff Bezos made his first investment into Southeast Asia’s e-commerce space, investing RM362.96mil into Indonesian startup Ula.

Amazon founder Jeff Bezos participated in a US$87mil Series B funding for Indonesian startup Ula, marking his first-ever investment in Southeast Asia’s e-commerce space.

The previous fundraising included US$10.5mil seed round in June 2020 and an additional US$20mil Series A round in January this year.

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