Uzum Posts Strong 2025 Scaling Metrics Across E-Commerce and Fintech

Uzum showcased 2025 as a pivotal scaling year, reporting strong expansion in both its e-commerce and fintech operations. The company said its user base grew by more than one third to exceed 20 million people, with over 20,000 entrepreneurs and 10,000 businesses using its commerce and installment platforms.

Installment and microloan volume reportedly tripled to $1.2 billion, while Uzum Bank cards surpassed 4 million, signaling deeper penetration of its financial services. Management highlighted that installment products can help merchants lift turnover by up to 30% and average ticket size by up to 50% without additional operating costs.

On the commerce side, e-commerce gross merchandise value rose 1.5x year over year to more than $500 million, supported by expanding assortment and infrastructure. Uzum Market’s local catalog reached 1.3 million SKUs, and the launch of Uzum Market Global pushed total assortment above 100 million SKUs.

Roughly three years after launch, Uzum reported that its e-commerce segment has reached positive EBITDA, indicating improving unit economics as scale increases. More than half of marketplace payments are now processed through the company’s own fintech tools, underscoring growing internal monetization and ecosystem synergies.

These trends suggest Uzum is transitioning from a pure growth phase to a more balanced growth-and-profitability profile across its ecosystem. Sustained GMV expansion, rising credit volumes, and broader card adoption could strengthen its competitive position, though long-term outcomes will depend on maintaining credit quality and operational efficiency.

Overall, the week’s disclosures point to accelerating scale and improving financial performance at Uzum, with integrated e-commerce and fintech services reinforcing its market presence and supporting a potentially more sustainable growth trajectory.