Tuesday, March 26, 2024

Meet Uzbekistan's First Unicorn: E-commerce Startup Uzum

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FT digital access for $75/month, cancel anytime during trial. Complete digital access to quality FT journalism on any device. 20% yearly discount for paying upfront. Uzbekistan's e-commerce sector accounts for only 2.2% of total retail market as of December 2022 (KPMG report). Uzbeks primarily shopped online through social media apps like Instagram, TikTok, and Telegram before.

Limited SKUs and no logistics were common among sellers in these groups.



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Source: Found here

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