Beeline Uzbekistan Moves its Headquarters to Tashkent’s IT Park, Deepening Commitment to Uzbekistan’s Digital Future
Beeline Uzbekistan, a subsidiary of VEON Ltd. (NASDAQ: VEON), has relocated its headquarters to Tashkent's IT Park, marking a significant step in its commitment to Uzbekistan's digital transformation. The new headquarters will accommodate around 2,000 employees, including digital services teams, VEON AdTech, and Beelab.
The company reported 9.5 million monthly active digital users in Q1 2025, offering services through its fintech app Beepul, super-app Hambi, and digital entertainment platforms Kinom and Riitm. Since entering the Uzbek market in 2006, VEON has focused on expanding beyond traditional connectivity to deliver digital financial and AI-powered technologies through its DO1440 and AI1440 initiatives.
Beeline Uzbekistan, filiale di VEON Ltd. (NASDAQ: VEON), ha trasferito la sua sede principale all'IT Park di Tashkent, segnando un passo importante nel suo impegno per la trasformazione digitale dell'Uzbekistan. La nuova sede ospiterà circa 2.000 dipendenti, inclusi i team dei servizi digitali, VEON AdTech e Beelab.
L'azienda ha riportato 9,5 milioni di utenti digitali attivi mensili nel primo trimestre del 2025, offrendo servizi tramite la sua app fintech Beepul, la super-app Hambi e le piattaforme di intrattenimento digitale Kinom e Riitm. Dal suo ingresso nel mercato uzbeko nel 2006, VEON si è concentrata sull'espansione oltre la connettività tradizionale, fornendo tecnologie finanziarie digitali e soluzioni basate sull'intelligenza artificiale attraverso le iniziative DO1440 e AI1440.
Beeline Uzbekistán, una filial de VEON Ltd. (NASDAQ: VEON), ha trasladado su sede central al IT Park de Taskent, marcando un paso significativo en su compromiso con la transformación digital de Uzbekistán. La nueva sede albergará a alrededor de 2,000 empleados, incluyendo los equipos de servicios digitales, VEON AdTech y Beelab.
La compañía reportó 9.5 millones de usuarios digitales activos mensuales en el primer trimestre de 2025, ofreciendo servicios a través de su aplicación fintech Beepul, la super-app Hambi y las plataformas de entretenimiento digital Kinom y Riitm. Desde su entrada en el mercado uzbeko en 2006, VEON se ha enfocado en expandirse más allá de la conectividad tradicional para ofrecer tecnologías financieras digitales y soluciones impulsadas por inteligencia artificial mediante sus iniciativas DO1440 y AI1440.
Beeline Uzbekistan는 VEON Ltd. (NASDAQ: VEON)의 자회사로서, 우즈베키스탄의 디지털 전환에 대한 의지를 보여주는 중요한 단계로 타슈켄트 IT 파크로 본사를 이전했습니다. 새로운 본사는 디지털 서비스 팀, VEON AdTech, Beelab을 포함하여 약 2,000명의 직원을 수용할 예정입니다.
회사는 2025년 1분기 기준으로 월간 활성 디지털 사용자 950만 명을 보고했으며, 핀테크 앱 Beepul, 슈퍼앱 Hambi, 디지털 엔터테인먼트 플랫폼 Kinom과 Riitm을 통해 서비스를 제공하고 있습니다. 2006년 우즈베키스탄 시장에 진출한 이후 VEON은 전통적인 연결성을 넘어 디지털 금융 및 AI 기반 기술을 DO1440 및 AI1440 이니셔티브를 통해 제공하는 데 주력해 왔습니다.
Beeline Ouzbékistan, filiale de VEON Ltd. (NASDAQ : VEON), a déplacé son siège social vers l'IT Park de Tachkent, marquant une étape importante dans son engagement envers la transformation numérique de l'Ouzbékistan. Le nouveau siège accueillera environ 2 000 employés, incluant les équipes des services numériques, VEON AdTech et Beelab.
L'entreprise a rapporté 9,5 millions d'utilisateurs numériques actifs mensuels au premier trimestre 2025, offrant ses services via son application fintech Beepul, la super-app Hambi, ainsi que les plateformes de divertissement numérique Kinom et Riitm. Depuis son entrée sur le marché ouzbek en 2006, VEON s'est concentrée sur l'expansion au-delà de la connectivité traditionnelle pour fournir des technologies financières numériques et des solutions basées sur l'intelligence artificielle à travers ses initiatives DO1440 et AI1440.
Beeline Usbekistan, eine Tochtergesellschaft von VEON Ltd. (NASDAQ: VEON), hat seinen Hauptsitz in den IT Park von Taschkent verlegt, was einen bedeutenden Schritt in seinem Engagement für die digitale Transformation Usbekistans darstellt. Der neue Hauptsitz wird etwa 2.000 Mitarbeiter beherbergen, darunter Teams für digitale Dienste, VEON AdTech und Beelab.
Das Unternehmen meldete im ersten Quartal 2025 9,5 Millionen monatlich aktive digitale Nutzer und bietet seine Dienste über die Fintech-App Beepul, die Super-App Hambi sowie die digitalen Unterhaltungsplattformen Kinom und Riitm an. Seit dem Eintritt in den usbekischen Markt im Jahr 2006 konzentriert sich VEON darauf, über die traditionelle Konnektivität hinaus digitale Finanz- und KI-gestützte Technologien durch die Initiativen DO1440 und AI1440 bereitzustellen.
- Strong digital user base with 9.5 million monthly active digital users in Q1 2025
- Strategic location in Uzbekistan's innovation hub strengthens digital services presence
- Diverse digital portfolio including fintech, super-app, and entertainment platforms
- Long-term market presence since 2006 with continued investment in digital infrastructure
- None.
Dubai and Tashkent, May 20, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” and together with its subsidiaries, the “Group”), announces that its digital operator Beeline Uzbekistan celebrated the opening of its new headquarters in the Tashkent IT Park on May 20th. The new Beeline Uzbekistan headquarters in IT Park will be home to Beeline Uzbekistan’s employee base of around 2,000, including the operator’s digital services teams, VEON AdTech and Beelab (the developer of Beeline Uzbekistan’s fintech platform Beepul), as well as tower operator National Tower Infrastructure LLC.
IT Park houses Uzbekistan’s leading technology, digital and communications companies and is structured as Uzbekistan’s innovation hub. The relocation demonstrates VEON’s commitment to investing in Uzbekistan’s digital future, as well as to expanding the development and provision of digital services and augmented intelligence products in Central Asia.
“Thanks to the bold vision of our President, Uzbekistan is rapidly transforming into a regional digital hub,” said Sherzod Shermatov, Minister of Digital Technologies. “Through our Digital Uzbekistan 2030 strategy, we are laying the foundations for a thriving digital economy that empowers citizens, supports innovation, and attracts global investment. We welcome partners who, like VEON, share our vision and are helping us turn this vision into a reality through long-term investment, the provision of ambitious digital services, and cutting-edge technologies — all while creating meaningful job opportunities for our youth.”
“We are committed to leading the digital transformation of Uzbekistan, not only with our connectivity but also with our digital services such as our fintech app Beepul, super-app Hambi, digital entertainment platforms Kinom and Riitm, and enterprise offerings such as VEON AdTech. We are glad to see not only the demand expanding for these services, but also the interest of our regulators in creating frameworks that support the digitalization of the country. Beeline Uzbekistan’s move to its IT Park headquarters highlights our role in this ambitious vision,” said Kaan Terzioglu.
“Beeline Uzbekistan is committed to advancing inclusive digital ecosystems, from financial services to AI innovation. Across our digital services, we served 9.5 million monthly active digital users in 1Q25. The uptake of these services among our customers is not only an indicator of our dedication to digitalization in the country but also of the broader momentum in Uzbekistan for innovative solutions that extend the benefits of technology to every corner of the country. With our new headquarters in IT Park, we are proud to be at the heart of this momentum,” said Andrey Pyatakhin, CEO of Beeline Uzbekistan.
With nearly two decades of investment and innovation in Uzbekistan, VEON remains deeply committed to the country’s digital future. Since entering the market in 2006, VEON has invested in the country’s telecommunications and digital infrastructure, and has continued to expand beyond traditional connectivity, delivering impactful digital financial and AI-powered technologies under VEON’s DO1440 and AI1440 initiatives.
About Beeline Uzbekistan
Beeline Uzbekistan is a digital operator that serves 8.2 million customers with mobile connectivity and 7.6 million total monthly active users across its digital services and applications. Its digital portfolio includes financial services application BeePul, digital-first brand OQ, the recently launched streaming application Kinom and super-app Hambi. Beelab and VEON Adtech are also headquartered in Uzbekistan, contributing to software and IT technologies ecosystem in the country. Beeline Uzbekistan is wholly owned by VEON.
About VEON
VEON is a digital operator that provides connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than
Disclaimer
This release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not anticipate. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to, among other things, the execution of VEON’s strategy. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.
Contact Information
Hande Asik
Group Director of Strategy and Communications
pr@veon.com
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