Uzum sums up the results of 2024: user growth, profit and service scaling

The Uzum ecosystem continued its active development in 2024, significantly increasing the number of users, expanding the fintech direction and logistics infrastructure. Year-end number of users increased by more than 60%by reaching 16 million people. The company's net profit increased by 50% and made up $150 million.

Fintech and banking services as a driver of growth

Financial technologies have become one of Uzum's key growth areas. In 2024, the total volume of issued installments and microloans increased by 2.7 timesby reaching $421 million. Loan portfolio Uzum Nasiya it has more than doubled in size.

By the end of the year Uzum Bank launched the Uzum card based on the international payment system Visa, which allows customers to use a revolving limit on microloans and installment purchases. During the fourth quarter, the bank issued more than 700 thousand cardsand by the end of 2025, it plans to significantly increase their number.

Growth of e-commerce and logistics infrastructure

Turnover Uzuma's e-commerce segment(GMV) grew 2.4 timesby reaching $345 million. Number of orders for Uzum Market it doubled to 19 million rubles. Near 60% orders were placed in the regions, which confirms the high demand for online trading outside major cities.

To maintain the growth rate, Uzum Market has expanded logistics infrastructure:

• Launched the largest logistics complex in Central Asia for e-commerce.
• The number of order pick-up points has almost increased by 3 timesby reaching 1000 points across the country.
• The marketplace's assortment is formed by 14 thousand sellers from different regions.

Development of fast delivery Uzum Tezkor

Service Tezkor It has become the largest platform by geographical coverage in Uzbekistan, covering 18 cities. In December 2024:

• Number of unique users increased by 4 times compared to last year.
• The number of orders increased more than 6 times.

Job creation and contribution to the economy

CEO and Founder of Uzum Jasur Jumaev He noted that the company not only develops high-tech services, but also actively supports the country's economy.:

"In three years, we have confirmed the huge potential of the Uzbek economy. In 2024, the turnover of our e-commerce business doubled, and the loan portfolio grew many times, largely due to the synergy of the marketplace and the fintech business. Today Uzum services account for 50% of all loans from microfinance organizations. We create new jobs by helping entrepreneurs go online and grow their businesses. Just over the past year, companies in the Uzum ecosystem have developed a number of new technologies. about 3,000 new jobsand the holding itself has become one of the largest taxpayers in the country."

In 2025, Uzum plans to continue active development in all areas, increasing the reach of its services and offering users new convenient solutions.