Jeff Bezos Invests In Indonesian E-Commerce Startup Ula
If you're reading this, I'm earning money in some way. I was compensated with money and/or product. Thanks for helping to feed my family. I also may have a financial interest in companies named. Please see our disclosure for more information. Also, any advice provided is for informational purposes only. I'm not an accountant, lawyer, doctor, fitness expert, or nutrition specialist. So, talk to a professional before acting on anything you read, watch, or listen to below. Get your own advice and do your own research. Email me at [email protected] with questions.
In a statement just now, Ula confirmed TechCrunch’s reporting, saying it has raised $87 million in its Series B financing round. The round was, as TechCrunch reported, co-led by Prosus Ventures, Tencent, and B Capital. Jeff Bezos invested in the new round.
“We launched in 2020, with a single-minded mission to empower small, neighborhood retailers with technology to increase their income. We take a long-term approach to solve the underlying problems of traditional retailers by investing in technology, supply chain and data-enabled credit offering,” said Nipun Mehra, co-founder and chief executive of Ula, in a statement.
Related Posts
5 Reasons You’ll Never Go Wrong with Real Estate Investments
Ways To Mitigate Flooding Damage at Your Business
4 Biggest Financial Mistakes Your Business Should Avoid 4 Biggest Financial Mistakes Your Business Should Avoid
8 Ways To Prepare For The Passing Of A Loved One
Getting the Employee Journey Right: Where to Focus
Ignorance of the Law: Crimes You Might Not Realize You Are Committing
3 Ways the Pandemic Affected Communications
Grow Your Trucking Business With These Proven Tips