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Wireless

Veon acquires stake in Bangladesh commerce platform ShopUp

Tuesday 20 October 2020 | 10:15 CET | News
Veon, through its Veon Ventures unit, has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, a full-stack B2B commerce platform for small businesses in Bangladesh. Via its investment in ShopUp, Veon Ventures plans to support the commerce platform's digital ecosystem for micro, small and medium-sized enterprises, as well as power the development of mobile financial services for ShopUp users. No financial details related to the investment have been disclosed.

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Categories: Mobile & Wireless
Companies: Veon
Countries: Bangladesh
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