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VEON Launches AI-Powered Super App Hambi in Uzbekistan

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VEON has launched Hambi, an AI-powered super app in Uzbekistan that consolidates digital services and connectivity into a single application. The app, whose name means 'all-in-one' in Uzbek, is available to all mobile users regardless of their provider. Hambi offers various services including e-health consultation (Hambi Davo), car insurance (Hambi Auto), digital marketplace, travel, entertainment, TV, fintech, and gaming functionalities. Beeline Uzbekistan customers get additional self-service options for managing tariffs, data, and roaming. Users can earn mobile data plans, discounts, and bonuses through daily engagement. The app features AI-powered elements for personalized user experience and joins VEON's portfolio of super apps across other markets.

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Positive

  • Launch of new revenue-generating digital platform in Uzbekistan market
  • Expansion of digital services portfolio with AI integration
  • Potential for increased user engagement and monetization through multiple service offerings
  • Market expansion beyond traditional telecom services

Negative

  • None.

News Market Reaction 1 Alert

-2.00% News Effect

On the day this news was published, VEON declined 2.00%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.


Amsterdam, Dubai and Tashkent, 1 November 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, today launches the Hambi super app, an AI-powered innovative platform that consolidates a comprehensive suite of digital services and connectivity into a single application, which is now accessible to all mobile users in Uzbekistan.

Hambi, which is short for “Hammasi Bitta” in Uzbek, meaning “everything here” or “all-in-one”, offers a seamless, user-friendly experience to all mobile users, integrating a variety of products and services, regardless of the user’s connectivity provider. From Hambi Davo, an e-health consultation service, to Hambi Auto, which provides access to third-party car insurance, the super app offers users a digital marketplace, travel, entertainment, TV, fintech, and gaming functionalities. For Beeline Uzbekistan customers, the app also offers convenient self-service options such as management of tariffs, data, roaming and other services.

Users can earn mobile data plans, access discounts, and earn bonuses by engaging with the app every day. Planned integration of AI-powered elements will enable Hambi to personalize the user experience on the platform.

“Super apps are an important element of VEON’s Digital Operator 1440 strategy, empowering customers to access conveniently access digital services 1440 minutes in a day. Across our markets, our super apps are offering services essential to their customers, including using AI-powered solutions in features like learning and customer-care in national languages,” explains Kaan Terzioglu, VEON Group CEO “With Hambi, Uzbekistan’s home-grown super app, we are proud to enhance our value proposition while supporting the Digital Uzbekistan 2030 vision.”

Hambi joins VEON’s super app offerings across its markets, which include MyBL in Bangladesh, Simosa in Pakistan and MyBeeline in Kazakhstan, all of which are digital gateways to learning, entertainment, games, customer care and more in their respective markets, including AI-powered features aimed at augmenting the accessibility of digital services for users who are often speakers of low-resource languages.

The introduction of Hambi, developed in-house by the Beeline Uzbekistan team, follows the launch of VEON’s KINOM entertainment platform in Uzbekistan, offering TV series and movie streaming services, including Uzbek language content. Hambi and Kinom are integral to VEON’s ongoing commitment to advancing digital services in Uzbekistan.

About VEON
VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on Nasdaq and Euronext. For more information visit: www.veon.com 

Contact Information 
VEON  
Hande Asik
Group Director of Communications  
pr@veon.com

MHP Group
Julian Tanner
Julian.tanner@mhpgroup.com



FAQ

What is VEON's new Hambi super app and when was it launched?

Hambi is an AI-powered super app launched by VEON on November 1, 2024, in Uzbekistan. It consolidates various digital services including e-health, insurance, entertainment, and fintech into a single platform.

What services does VEON's Hambi super app offer in Uzbekistan?

Hambi offers e-health consultation (Hambi Davo), car insurance (Hambi Auto), digital marketplace, travel, entertainment, TV, fintech, gaming, and for Beeline customers, self-service options for managing tariffs and data.

How does VEON's Hambi app reward its users?

Hambi users can earn mobile data plans, access discounts, and receive bonuses through daily engagement with the app.

What other super apps does VEON operate in different markets?

VEON operates MyBL in Bangladesh, Simosa in Pakistan, and MyBeeline in Kazakhstan, offering digital services including learning, entertainment, games, and customer care.
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