Peter Thiel joins Pak consumer electronics marketplace PriceOye's $7.9m seed round

Pakistan’s e-commerce platform, PriceOye.pk, has raised $7.9 million in a seed funding round led by US-based JAM Fund, it said in a statement. The round, which marks Paypal founder Peter Thiel’s first investment in the country, will help the startup consolidate its position as the leading electronics marketplace in the country.