Photo: Daryo
The Uzum national digital ecosystem transferred almost 1.2 trillion soums (over $94.8 million) to the Uzbek budget in 2024, becoming one of the largest private taxpayers in the country. The ecosystem ranked second among private companies in Uzbekistan in terms of tax payments. At the same time, Uzum's tax payments increased by 28% during the year. This provided 0.3% of the Uzbek budget's revenues.
At the same time, the ecosystem's tax deductions increased by 28% during the year, providing 0.3% of all Uzbek budget revenues.
By the end of 2024, every third citizen of Uzbekistan used the services of the Uzum ecosystem. More than 11 thousand employees work on the ecosystem's products throughout the country, and Uzum is actively creating jobs in the IT sector, as well as providing opportunities for professional growth for young people in all regions of the country. Last year, the company created about 3,000 new jobs. This does not include jobs at Uzum partners.
In addition, new jobs are also being created among partners who use Uzum services and infrastructure to develop their businesses. These are entrepreneurs selling goods on the Uzum Market national marketplace, restaurants, cafes, shops cooperating with the Uzum Tezkor delivery service, and others. Thus, with the development of the digital ecosystem, new opportunities are emerging for the development of small and medium-sized businesses throughout the country.
"Uzum digital services play an important role in supporting and developing small and medium-sized businesses in Uzbekistan. Thanks to our solutions, thousands of entrepreneurs have access to modern tools to develop and expand their businesses. We continue to invest in the development of the country's economy, creating new opportunities for millions of people," says Jasur Jumaev, founder and CEO of the Uzum ecosystem. "By developing fintech services and e-commerce for businesses in our country, we contribute to the rejuvenation of the economy and increasing tax revenues. We are proud to contribute to the prosperity and development of our country by making Uzbekistan even more attractive for international investment and the IT community."
About Uzum
Uzbek digital ecosystem that combines fintech, e-commerce and banking services for individuals, small and medium businesses: marketplace, express delivery service, classic and digital banks, BNPL service, car buying platform, as well as an application for entrepreneurs. Uzum services are used by more than 13 million people in Uzbekistan every month. Follow “Zamin” news on “Telegram”
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