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The turnover of Uzum in the field of e-commerce has increased 3 times

Cəmil Hüseynzadə
14 November 2024 18:29
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The turnover of Uzum in the field of e-commerce has increased 3 times

The amount of installments and the number of orders presented at Uzum Market have doubled. In addition, the turnover of Uzum Tezkor service increased by 8.7 times. In the first nine months of this year, Uzum's e-commerce turnover increased three times. The press service of the company gave this information to the "Spot" platform.
Uzum Tezkor is an express delivery service operating in Uzbekistan. This service allows users to quickly get the products they ordered from restaurants, cafes and shops. Uzum Tezkor currently operates in 15 cities of the country and delivers a wide range of products to users by establishing partnerships with more than 2,100 restaurants, cafes and shops.

Total e-commerce segment turnover (GMV) of the Vine ecosystem tripled year-on-year to $237 million.

As one of the main reasons for the increase in turnover, Uzum mentions the attraction of new sellers and the expansion of the product range. The number of unique products on the platform has exceeded 1 million, and the number of sellers has doubled to 12,000 across the country.

Currently, Uzum Market has more than 800 order pickup points in more than 230 residential areas, including partner locations. During January-September, the number of orders increased by 2.5 times year-on-year and exceeded 14 million. 65% of the platform's turnover falls on the regions.

In the third quarter, the turnover of Uzum Tezkor delivery service increased 8.7 times. This service operates in 15 cities of the country and has more than 2,100 partners consisting of restaurants, cafes and shops.

In addition, due to the increasing popularity of online shopping and digital banking services, the Uzum Nasiya installment service is also growing rapidly. The volume of installments provided in nine months has more than doubled compared to the year, and the number of users has reached 3.2 million.

Uzum Bank will increase its authorized capital to 500 billion soums.

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