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

  • 📰 staronline
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines