Korzinka
Korzinka is Uzbekistan's first and largest supermarket chain, operating 250+ multi-format stores (supermarkets, proximity, wholesale, e-commerce via Korzinka Go) across 12 regions, serving Uzbek consumers with groceries, household goods, private label brands, and a loyalty program.
- Company typePrivate
- Founded1996
- HeadquartersTashkent, Uzbekistan
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Korzinka does
Korzinka (legal entity ANGLESEY FOOD FE LLC) is Uzbekistan's first and largest modern supermarket chain, founded in 1996 in Tashkent and operating over 250 stores across 12 regions of the country. The company runs a multi-format retail portfolio spanning full-size Korzinka supermarkets, Korzinka Mahalla proximity stores, Korzinka Biznes wholesale superstores, Korzinka DISKONT and Smart value formats, and the specialty Afzal Market concept. It also operates two private label brands: the premium Iz Korzinki line (launched 2017) and the everyday essentials 365 Kun line (launched 2021). Customers are predominantly Uzbek individual consumers shopping for groceries and household goods, supplemented by corporate and bulk buyers through the wholesale division.
Underlying the retail network is a mobile-first digital platform that combines in-store operations with the Korzinka Go online delivery service, supported by dark stores that pick orders within 5-10 minutes and deliver in as little as 50 minutes. Korzinka Go was integrated directly into the main Korzinka mobile app in May 2026. The Korzinka Plus loyalty program provides progressive cashback of 1% to 3% on purchases, family account sharing, and a Price Guarantee program that refunds price differences on identical items found cheaper at competitors. Technology integrations are primarily conventional infrastructure (AppMetrica/Yandex for mobile analytics, Telegram bot for loyalty, Google Maps for store locator), with no disclosed AI/ML capabilities.
Korzinka makes money primarily through transaction-based retail sales across its store network and e-commerce channel, with cash and card payments denominated in Uzbek soums. Pricing is promotional (weekly discounts up to 33% standard and up to 70% on featured items), supported by an interest-free Buy Now Pay Later option. In April 2025, the company secured a $110 million equity investment from Abu Dhabi Uzbek Investment, Omani sovereign funds, and the European Bank for Reconstruction and Development (EBRD), with proceeds earmarked for store network growth toward a stated 1,000+ store target, e-commerce enhancement, and a new distribution centre. The company is privately held under Uzbek law and not listed on any public exchange.
Korzinka firmographics
Firmographics- Name
- Korzinka
- Legal name
- ANGLESEY FOOD FE LLC
- Website
- https://korzinka.uz
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Korzinka is Uzbekistan's first and largest supermarket chain, operating 250+ multi-format stores (supermarkets, proximity, wholesale, e-commerce via Korzinka Go) across 12 regions, serving Uzbek consumers with groceries, household goods, private label brands, and a loyalty program.
- Ownership category
- akta.pro rank
Korzinka industry classification
Industry- Product category
- Grocery Retail
- NAICS
- Grocery and Convenience Retailers (4451), Other Grocery and Related Products Merchant Wholesalers (42449), Convenience Retailers and Vending Machine Operators (44513), Specialty Food Retailers (4452)
- SIC
- Retail-Grocery Stores (5411), Wholesale-Groceries, General Line (5141)
- akta.pro primary industry
- Eastern European/Russian/Central Asian Grocery Stores (CRAHAFAI)
Keywords
Where Korzinka is headquartered
LocationHeadquarters
- HQ city
- Tashkent
- HQ country
- Uzbekistan
- HQ region
- Asia
Offices3 records
Markets served
Korzinka business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Retail Store Sales: Physical supermarket sales across Korzinka, Korzinka Mahalla, Afzal Market, Korzinka DISKONT, and Smart store formats. Includes private label products (Iz Korzinki, 365 kun) and national/international brand products.
- E-commerce Delivery (Korzinka Go): Online grocery orders with home delivery, powered by dark stores. Orders picked within 5-10 minutes, delivered in as little as 50 minutes. New users receive 30,000 soum discount on first 3 orders.
- Wholesale (Korzinka Biznes): Wholesale superstore catering to both individual and corporate customers for bulk purchases at competitive prices.
- Loyalty Program Monetization: Korzinka Plus loyalty program drives customer retention through cashback (1% base, up to 3% with tiers), with bonuses valid for 12 months.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard retail pricing with promotional discounts |
| Hybrid | Monthly | Korzinka Plus Loyalty - Progressive Cashback |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
Korzinka product offering
Product offeringCore offering
Korzinka operates a multi-format supermarket and grocery retail business across Uzbekistan, selling food, household goods, hygiene products, and stationery through full-size Korzinka supermarkets, Korzinka Mahalla proximity stores, Korzinka Biznes wholesale outlets, and the Korzinka Go online delivery service. The company also sells its own private label brands (Iz Korzinki for premium products, 365 Kun for everyday essentials) and operates the Korzinka Plus loyalty program with up to 3% progressive cashback.
Product overview
Korzinka is Uzbekistan's first and largest supermarket chain, operating over 250 stores across 12 regions. The company operates a multi-format retail portfolio consisting of full-service Korzinka Supermarkets, proximity-format Korzinka Mahalla stores, Korzinka Biznes wholesale stores, and the Korzinka Go online delivery service. The ecosystem is supported by the Korzinka Plus loyalty program and Korzinka mobile app, which integrates all services including grocery delivery. Korzinka also offers two private label brands: premium 'Iz Korzinki' (launched 2017) and everyday essentials '365 Kun' (launched 2021). The company recently expanded with the Afzal Market specialty format and has secured $110 million investment for continued retail expansion.
Differentiator
Problem solved
Functional benefit
Brands
- Iz Korzinki: Premium private label brand launched in 2017 offering products made with finest ingredients
- 365 Kun
- Korzinka Plus
- Korzinka Go
- Korzinka Mahalla
- Korzinka Biznes
- Afzal Market
Products and services
- Korzinka Supermarkets Full-size retail supermarkets offering a wide assortment of food, household goods, hygiene products, cleaning supplies, and stationery from international and local brands, with multiple payment options, parking, and many locations operating 24/7.
- Korzinka Mahalla Proximity/neighborhood stores located close to residential areas, providing a curated selection of quality products across categories for convenient everyday shopping with extended operating hours.
- Korzinka Go Online supermarket with grocery delivery powered by dark stores; orders placed via the Korzinka mobile app are picked within 5-10 minutes and delivered in as little as 50 minutes.
- Korzinka Biznes Wholesale superstore catering to individual and corporate customers seeking high-quality bulk and retail purchases at competitive prices for large quantities.
- Afzal Market Specialty retail format offering exotic fruit experiences and curated specialty produce, hosting unique product curation and customer engagement events as a distinct brand within the Korzinka ecosystem.
- Iz Korzinki Premium private label brand offering products made with the finest ingredients and tailored to meet high customer expectations across the Korzinka assortment.
- 365 Kun Everyday essentials private label brand covering products that are on every household's shopping list for daily needs, sold across the Korzinka store network.
- Korzinka Plus Loyalty Program Cumulative loyalty card program offering 1% base cashback on all purchases, extra 1% retro bonus when monthly spending exceeds 1,300,000 soums, additional 1% when quarterly spending exceeds 4,500,000 soums, and interest-free Buy Now Pay Later; maximum cashback potential up to 3%, with bonuses valid for 12 months.
- Korzinka Mobile App Mobile application with modern design and user-friendly interface, featuring the online product catalog with promotions, Korzinka Plus loyalty account access, store locations, card payments, and integrated Korzinka Go delivery ordering.
- Price Guarantee Program Customer pricing program that refunds price differences when customers find identical products cheaper at competitors, with requests submitable through the website or mobile app with proof of competitor pricing.
Quantifiable outcome
- Store network tripled since 2020 with goal to reach 1,000+ stores
- +3 more outcomes
Companies that use Korzinka
Customer profileSegments3 records
Ideal customer profiles2 records
Korzinka technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
Korzinka partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- UZCARDminorPartnership for UZCARD Football Fest to support Uzbekistan's national team, combining financial services with retail to engage football fans.
- Uzbekistan Football AssociationcoreOfficial partner of the Uzbekistan Football Association. Korzinka organizes employee viewings and sells official national team merchandise nationwide, including during World Cup 2026.
Scale indicators6 records
Recent moves10 records
Expansion highlights6 records
Korzinka competitors and assessment
Company assessmentDirect peers
- Metro Cash & Carry: Global self-service wholesale/cash & carry operator serving HoReCa and small businesses. Directly mirrors Korzinka Biznes's wholesale superstore format, with comparable product mix, customer base, and bulk-distribution economics.
- Makro: International cash & carry / wholesale supermarket chain serving both individual and business bulk-buy customers. Direct peer to Korzinka Biznes given the same wholesale-to-customer format targeting bulk purchasers and corporate buyers.
Broad incumbents
- Carrefour: French global grocery giant operating hypermarkets, supermarkets, and convenience formats worldwide. Relevant incumbent comparable for Korzinka in terms of multi-format supermarket scaling, private-label, and loyalty-program best practices that map across emerging markets.
- Auchan: French global retail group operating hypermarkets, supermarkets, and convenience formats across Europe, Asia, and Africa. Highly relevant as an incumbent multi-format grocery chain with proven emerging-market playbook and CIS/emerging-market experience that could expand into Central Asia.
Regional players
- Lenta: Russia-focused hypermarket and proximity chain with growing digital-grocery operations. Comparable as a large-format supermarket operator in a CIS market with similar consumer demographics and growth trajectory to Uzbekistan.
- X5 Group: Russia's leading multi-format grocery retailer operating Pyaterochka (proximity), Perekrestok (supermarket), and Chizhik (hard-discount) banners plus dark-store delivery. Closest functional analog to Korzinka's full-format ecosystem — proximity + supermarket + discount + online — in a neighboring CIS market.
- Magnit: Russia's largest grocery chain by store count, operating convenience, proximity, and hypermarket formats nationally. Highly comparable model — multi-format grocery with private label, loyalty program, and own digital ecosystem — in a CIS/BRICS-adjacent geography that shares regulatory and consumer dynamics with Uzbekistan.
Emerging players
- Yandex Lavka: Russian dark-store quick-commerce operator delivering groceries in under 15 minutes from automated warehouses. The closest functional analog to Korzinka Go's 50-minute dark-store delivery model, with comparable mobile-app ordering flow and rider logistics economics in a CIS market.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights7 records
Customer concentration
Korzinka social profiles
Digital presenceKorzinka compliance and trust
Trust signalCompliance2 records
Korzinka financial estimates
Financial estimateRevenue estimate
Valuation estimate
Korzinka leadership team
Management profileNumber of profiles
Profiles1 record
Korzinka subsidiaries and ownership
Company hierarchySubsidiaries4 records
Korzinka funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Korzinka M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Korzinka
What does Korzinka do?
Korzinka operates a multi-format supermarket and grocery retail business across Uzbekistan, selling food, household goods, hygiene products, and stationery through full-size Korzinka supermarkets, Korzinka Mahalla proximity stores, Korzinka Biznes wholesale outlets, and the Korzinka Go online delivery service. The company also sells its own private label brands (Iz Korzinki for premium products, 365 Kun for everyday essentials) and operates the Korzinka Plus loyalty program with up to 3% progressive cashback.
Is Korzinka a public or private company?
Korzinka is a private company. It is classified as venture growth investor backed and is currently operating.
When was Korzinka founded?
Korzinka was founded in 1996. It employs 1,001 to 5,000 people.
Where is Korzinka based?
Korzinka is headquartered in Tashkent, Uzbekistan, in the Asia region.
How does Korzinka make money?
Four revenue lines are on record. Retail Store Sales are the primary driver. The others are E-commerce Delivery (Korzinka Go), wholesale (Korzinka Biznes) and loyalty Program Monetization.
Who are Korzinka's main competitors?
Direct peers on record are Metro Cash & Carry and Makro. Broad incumbents are Carrefour and Auchan. Regional players are Lenta, X5 Group and Magnit. Yandex Lavka is listed as an emerging player.
Does Korzinka have an API?
No public API is recorded for Korzinka.
What industry is Korzinka in?
Korzinka's product category is Grocery Retail. Its primary akta.pro industry code is CRAHAFAI, Eastern European/Russian/Central Asian Grocery Stores. Its NAICS code is 4451 and its SIC code is 5411.