Uzbekistan's leading fintech and e-commerce platform, Uzum, has secured $65.5 million in funding, spearheaded by Tencent and VR Capital. This latest investment values the company at approximately $1.5 billion, marking a significant increase from its $1.16 billion valuation in March 2024, which followed a $114 million Series A round. Uzum's success highlights Uzbekistan's growing importance as a neutral hub for international investment and its potential as a burgeoning tech market. The funding will likely fuel Uzum's expansion and further development of its fintech and e-commerce services within the region.