Uzum, Uzbekistan's leading digital ecosystem, has increased its valuation by 53 percent in a short time, reaching 2.3 billion dollars. This success marks another major milestone for the company in seven months, clearly demonstrating investor confidence in the country's digital economy. Reports techcrunch.com.
The company raised 131.5 million dollars from investors led by Omani sovereign wealth funds. These funds will be used to further expand Uzum's operations in e-commerce and financial services. Currently, the ecosystem covers over 20 million users, and 11 billion dollars in payments were processed through the platform in 2025.
Uzum CEO Jasur Jumayev noted that retail in Uzbekistan is undergoing a transition from traditional markets directly to digital commerce. The company integrates services such as Uzum Market, Uzum Bank, and Uzum Nasiya, offering comprehensive solutions to customers. In 2025, the company's net profit reached 176 million dollars.
In the future, Uzum plans to go public (IPO) in the second half of 2026 or early 2027. For this process, the company aims to raise between 250 million and 300 million dollars. Currently, Uzum has become the locomotive of the country's technological progress as Uzbekistan's first unicorn company.
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