Founded in 2022 by entrepreneur Djasur Djumaev , Uzum has quickly become the country's first "tech unicorn," reaching a valuation of over $2.3 billion by 2026. The ecosystem integrates Uzum Market, financial services like Uzum Bank, and specialized logistics that provide next-day delivery to major cities. This digital leap is allowing millions of consumers to move from traditional bazaars to online platforms.
The term "Uzum" (meaning "grape" in Uzbek) also reflects the country's deep roots in agriculture. The ongoing industrial modernization includes significant efforts to produce green hydrogen and renewable ammonia for fertilizers , ensuring that traditional sectors like viticulture benefit from advanced chemical engineering. AKSA - CHEM UZUM 2022//NEW//
Parallel to this digital growth, a 2022 presidential resolution initiated a massive expansion of the chemical and gas-chemical industry. This program focuses on creating three major chemical clusters in the Navoiy and Fergana regions, and the Republic of Karakalpakstan. These clusters aim to modernize the production of fertilizers and specialized chemicals, leveraging over $10 billion in planned investments between 2022 and 2029. Founded in 2022 by entrepreneur Djasur Djumaev ,