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Tencent-Backed Fintech Uzum Plans New Funding Round by Year-End

Tencent-Backed Fintech Uzum Plans New Funding Round by Year-End
Bloomberg Markets Thursday 18 June 2026, 03:24 UTC By Yuliya Fedorinova 1 min read
Key Points

Tencent-Backed Fintech Uzum Plans New Funding Round by Year-End Uzbek fintech Uzum, backed by investors including China’s Tencent Holdings Ltd., aims to hold another funding round as the group seeks to support rapid expansion plans ahead of a potential initial public offering. While an IPO could become a possibility over a two- to three-year horizon, Uzum plans to raise capital through another private investment round by the end of this year, according to Djasur Djumaev, founder and chief...

Tencent-Backed Fintech Uzum Plans New Funding Round by Year-End Uzbek fintech Uzum, backed by investors including China’s Tencent Holdings Ltd., aims to hold another funding round as the group seeks to support rapid expansion plans ahead of a potential initial public offering. While an IPO could become a possibility over a two- to three-year horizon, Uzum plans to raise capital through another private investment round by the end of this year, according to Djasur Djumaev, founder and chief executive officer.
Tencent (ORG) Year-End Tencent (ORG) Fintech Uzum (PERSON) Year-End (ORG) Uzbek (ORG) China (LOCATION) Tencent Holdings Ltd. (ORG) IPO (ORG) Uzum (PERSON) Djasur Djumaev (PERSON)
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