Eurasia / Tech
Kyrgyzstan to hit TikTok with access curbs “to protect kids’ mental health”
Targeting of social media favourite follows regime’s moves against news outlets, civil society and opposition politicians.
Unicorn start-up Uzum is digitising Uzbekistan
In Uzbekistan a bold digital revolution is transforming society. Spearheading this transformation is Uzum, an e-commerce start-up which recently raised $52mn in funding, making it Uzbekistan’s first tech unicorn.
Uzum crowned Uzbekistan’s first tech unicorn
E-commerce and fintech startup raises $114mn on valuation of $1.16bn.
Uzbekistan sets $5bn IT export goal by 2030
Uzbekistan hopes to become the Central Asian IT hub and boost IT service exports to $5bn by 2030, according to a report by the World Bank Uzbekistan released on March 19.
Uzbekistan’s IT outsourcing sector takes off
Uzbekistan is hoping to establish itself as a major IT outsourcing centre, able to compete with the likes of India, Belarus, Ukraine and Romania, and has already seen its export revenue grow exponentially in the last four years.
SpaceX launch of nano satellites marks Mongolia’s entry into global space industry
PM says he wants to see emergence of a “vibrant domestic space industry”.
Uzbekistan’s e-commerce market leader Uzum Market the most downloaded app in 2023
Uzbekistan’s Uzum Market has emerged as the top local app in the country for 2023, surpassing the likes of Telegram and Instagram with over 13.5mn downloads in the past year, the company said in a press release on February 1.
Kazakhstan’s fintech heavyweight Kaspi generates $1bn with Nasdaq IPO
“SuperApp” business valued at $17.5bn as shares debut. Kazakh carrier Air Astana, meanwhile, officially unveils plan to go public on LSE and AIX.