VEON has just launched RYZE, an innovative AI-driven digital lifestyle app in Bangladesh, created by its local operator Banglalink. This app is designed specifically for the country’s youthful population, where over 48% of the 175 million citizens are under 25 years old. RYZE offers personalized features, skill development resources, entertainment options, and loyalty rewards for all mobile users, regardless of their network. This exciting launch expands VEON’s collection of digital lifestyle apps, which includes similar platforms in Pakistan, Kazakhstan, and Uzbekistan. Currently, digital services account for over 10% of VEON’s total revenues, reflecting the growing demand for such solutions among 160 million customers and 110 million active users across various markets.
VEON Launches RYZE: A New Digital Lifestyle App for Bangladesh’s Youth
On November 11, 2024, VEON Ltd., a prominent global digital operator, announced the launch of RYZE, an AI-powered digital lifestyle app developed by its Bangladesh operator, Banglalink. This innovative app is designed to cater to the country’s youthful population, where more than 48% of the 175 million residents are under the age of 25. RYZE aims to enhance digital living for young Bangladeshis by offering personalized entertainment, skill development resources, and various loyalty rewards, making it accessible to all mobile users regardless of their network.
RYZE joins a growing suite of digital-first lifestyle applications from VEON, including ROX in Pakistan, IZI in Kazakhstan and Kyrgyzstan, and OQ in Uzbekistan. VEON’s digital services are becoming increasingly important, contributing over 10% of the company’s total revenues in the first half of 2024. With a robust customer base of 160 million connectivity customers and 110 million monthly active users across its digital products, the launch of RYZE represents not just a significant expansion in services but also a strategic focus on the young demographic in Bangladesh.
Banglalink’s CEO, Erik Aas, emphasized that RYZE reflects their commitment to meeting the unique needs of the next generation through seamless digital solutions. The app incorporates AI-driven features to ensure it resonates well with users, positioning itself as a comprehensive tool for skill development and entertainment in a rapidly digitalizing Market.
As VEON continues to expand its digital services portfolio, RYZE stands as a testament to the company’s mission to empower young communities through technology, driving growth and fostering digital inclusion in Bangladesh.
Tags: VEON, RYZE, Banglalink, Digital Lifestyle App, Bangladesh, Youth Engagement, AI Technology, Digital Services, Telecom Industry
What is the RYZE AI App?
RYZE AI is a new app launched by VEON in Bangladesh. It uses artificial intelligence to help users manage their phone plans and data usage more effectively.
How can I download the RYZE AI App?
You can download the RYZE AI App from the Google Play Store or the Apple App Store, depending on your smartphone.
What does VEON’s 10% digital revenue milestone mean?
This milestone means that 10% of VEON’s earnings in Bangladesh now come from digital services, showing growth in the digital Market.
Is the RYZE AI App free to use?
Yes, the RYZE AI App is free to download and use. There may be data charges from your mobile provider when using the app.
Can the RYZE AI App help me save money?
Yes, the RYZE AI App can help you track your data usage and suggest ways to save money on your mobile plan.
