Latest news with #MaxAvtukhov
Zawya
7 hours ago
- Business
- Zawya
Yango Tech to let businesses boost their products in AI chatbots with genAI platform
Dubai, UAE – Yango Tech, the unified ecosystem delivering tailored advanced B2B technology solutions to local businesses within Yango Group, has announced the upcoming launch of its GenAI Platform —a first-of-its-kind system in the MENA region designed to help retailers and brands gain top visibility and engage with customers across AI chatbots such as Claude, ChatGPT, and Perplexity. The GenAI Platform will allow retailers to list and promote their products directly within AI-powered chat interfaces, turning everyday conversations into high-intent shopping experiences. For example, when customers search for queries like 'Best sneakers under $200' or 'Where to buy new hairstyler', retailers using the GenAI Platform can appear as the top result, providing real-time pricing and availability. Initial rollouts of the GenAI Platform are set to begin with select retailers in the MENA region by the end of 2025. One of the key benefits for retailers is improved discoverability. Rather than depending exclusively on web or app traffic, businesses can now be featured prominently within AI chat results, aligning their offerings with high-intent product searches and increasing the likelihood of conversion. For example, a regional e-grocery retailer using Yango Tech's GenAI Platform can ensure their freshest produce is highlighted first when a customer queries meal planning options on Perplexity. Max Avtukhov, Chief Executive of Yango Tech Retail, said: "With AI-driven neuro platforms becoming a dominant new channel for everyday search, Yango Tech's GenAI Platform marks a bold step forward. Today's consumers are turning to AI chat tools for everything from travel advice to tailored product suggestions, ushering in a new era of seamless personalized shopping experiences. It's a massive shift—from desktop to mobile browser search, and now to intelligent conversational platforms. We understand what it takes to win in this space first. This shift is an entirely new commerce environment, and with our GenAI Platform, we will give retailers the infrastructure they need to not only show up but to win in this space first.' At the core of the platform is Yango Tech's MCP Router, a system that acts as a central translator and traffic manager. It collects product-related queries from different AI platforms, routes them to the merchant's content systems (known as MCPs), and delivers ranked results back to the user in real-time. The result is a new channel for conversational commerce, where customer engagement meets immediate transaction potential. The launch of the platform comes at a time of massive regional momentum. AI is projected to contribute up to $150 billion to GCC economies and the conversational AI market is projected to exhibit a growth rate of 23.6% by 2033 in the region, while MENA's retail sector is expected to grow to $1.4 trillion by 2032. The GenAI Platform also ensures multi-interface support, allowing brands to scale effortlessly across millions of daily interactions while maintaining low response times and consistent messaging. This scalability is essential as 40% of the time, 80% of users rely on AI when searching online. Following the MENA rollout, Yango Tech plans to expand the GenAI Platform to Latin America and other markets throughout 2026, supporting global retailers in capturing attention and revenue across the AI frontier. About Yango Tech Yango Tech, a part of the global tech company Yango Group, is a unified ecosystem delivering advanced B2B technology solutions tailored to meet the diverse needs of modern businesses. The company offers an integrated suite of tools, spanning warehousing, mobility, retail, and beyond, designed to help businesses streamline operations, enhance customer experiences, and drive sustainable growth. The ecosystem includes AI technology solutions for retailers Yango Tech Retail, last mile delivery Yango Tech Autonomy, AI-powered automation solution for warehouses Yango Tech Robotics, advertising solutions Retail Media, last-mile delivery management solution RouteQ, cloud platform Yango Tech Cloud, corporate browser for organizations Yango Tech Browser, and database YangoDB. By leveraging cutting-edge AI-powered innovations, Yango Tech empowers companies to stay competitive and thrive in an increasingly digital world.
Trade Arabia
21-05-2025
- Business
- Trade Arabia
Yango inks deal with Grand Hypermarkets for GCC operations
Yango Tech, the unified ecosystem delivering tailored advanced B2B technology solutions to local businesses within Yango Group, has announced the signing of a strategic partnership agreement at Seamless Middle East 2025 between Yango Tech Retail and Grand Hypermarkets, an international network of supermarkets and hypermarkets. The partnership will see the rollout of Yango Tech's full e-grocery automation stack across Grand Hypermarkets' operations in the UAE, Kuwait, Qatar, Oman and KSA. Under the agreement, Grand Hypermarkets, an established name in the industry with over two decades of experience and over 95 outlets across GCC region, will adopt Yango Tech's suite of retail technologies. Known as the regional destination for world-class FMCG, food & non-food essentials, department stores, and more, Grand will implement a custom-built client app, store order management system, and last-mile delivery platform. These tools, all powered by Yango Tech Retail's advanced AI capabilities, aim to transform both the customer journey and operational efficiency across the retailer's expanding footprint in the UAE and Kuwait. "As the Mena retail market heads toward a projected value of $1.4 trillion by 2032, it is clear that technology will be central to the sector's evolution. Yango Tech's participation at Seamless 2025 underlines our commitment to enabling this transformation through cutting-edge AI solutions," remarked Max Avtukhov, Chief Executive of Yango Tech Retail. "Our collaboration with Grand Hypermarkets is a prime example of how we are tailoring global technologies to fit the needs of local communities and enhancing everyday life through intelligent, scalable innovation," he stated. Rashid Aslam Bin Mohideen, Executive Director of Grand Hypermarkets, said: "Retail is one of the fastest-evolving sectors in the region, and staying ahead requires both agility and technological depth. Our partnership with Yango Tech Retail marks a turning point in how we approach customer convenience, inventory management, and delivery logistics." "As we work towards our ambition to become one of the top five retailers in the region by 2030 and create a world-class, multi-format shopping experience, we believe this collaboration will significantly strengthen our operational agility in the UAE, Kuwait, Qatar, Oman, and KSA," he added. With AI expected to contribute up to $150 billion to GCC economies, these initiatives support regional digital economy ambitions. In addition to the MoU, Yango Tech is showcasing a range of AI-powered B2B industry solutions at Seamless Middle East 2025. At the forefront of Yango Tech's booth is its AInventory smart camera system. These AI-powered cameras enable real-time shelf monitoring, alerting staff to planogram inconsistencies and improving inventory control. Retailers benefit from optimized shelf compliance and operational efficiency.
Zawya
21-05-2025
- Business
- Zawya
Yango Tech and Grand Hypermarkets sgn strategic partnership at Seamless Middle East 2025
Dubai, UAE: Yango Tech, the unified ecosystem delivering tailored advanced B2B technology solutions to local businesses within Yango Group, has announced the signing of a strategic partnership agreement at Seamless Middle East 2025 between Yango Tech Retail and Grand Hypermarkets, an international network of supermarkets and hypermarkets. The partnership will see the rollout of Yango Tech's full e-grocery automation stack across Grand Hypermarkets' operations in the UAE, Kuwait, Qatar, Oman and KSA. Under the agreement, Grand Hypermarkets, an established name in the industry with over two decades of experience and over 95 outlets across GCC region, will adopt Yango Tech's suite of retail technologies. Known as the regional destination for world-class FMCG, food & non-food essentials, department stores, and more, Grand will implement a custom-built client app, store order management system, and last-mile delivery platform. These tools, all powered by Yango Tech Retail's advanced AI capabilities, aim to transform both the customer journey and operational efficiency across the retailer's expanding footprint in the UAE and Kuwait. "As the MENA retail market heads toward a projected value of $1.4 trillion by 2032, it is clear that technology will be central to the sector's evolution. Yango Tech's participation at Seamless 2025 underlines our commitment to enabling this transformation through cutting-edge AI solutions," said Max Avtukhov, Chief Executive of Yango Tech Retail. "Our collaboration with Grand Hypermarkets is a prime example of how we are tailoring global technologies to fit the needs of local communities and enhancing everyday life through intelligent, scalable innovation." Rashid Aslam Bin Mohideen, Executive Director of Grand Hypermarkets, added: "Retail is one of the fastest-evolving sectors in the region, and staying ahead requires both agility and technological depth. Our partnership with Yango Tech Retail marks a turning point in how we approach customer convenience, inventory management, and delivery logistics. As we work towards our ambition to become one of the top five retailers in the region by 2030 and create a world-class, multi-format shopping experience, we believe this collaboration will significantly strengthen our operational agility in the UAE, Kuwait, Qatar, Oman, and KSA." With AI expected to contribute up to $150 billion to GCC economies, these initiatives support regional digital economy ambitions. In addition to the MoU, Yango Tech is showcasing a range of AI-powered B2B industry solutions at Seamless Middle East 2025. At the forefront of Yango Tech's booth is its AInventory smart camera system. These AI-powered cameras enable real-time shelf monitoring, alerting staff to planogram inconsistencies and improving inventory control. Retailers benefit from optimized shelf compliance and operational efficiency. Also on display is Yango Tech Retail's white-label customer app, equipped with intelligent features like advanced search, personalized product suggestions, dynamic pricing tools, and marketing automation, helping retailers enhance customer satisfaction and increase profitability in the e-grocery sector. Yango Tech Robotics presents its Picker Robot, a next-generation warehouse automation solution based on imitation learning. Trained using behavioural cloning from real-world warehouse scenarios, the Picker Robot adapts like a human, achieving up to 95% picking accuracy across 97% of product types. This innovation addresses the region's need for sustainable and efficient logistics by reducing dependency on manual labour while scaling warehouse productivity. Yango Tech Autonomy is showcasing its autonomous delivery robots, purpose-built for urban environments. These robots are capable of offering advanced navigation for quicker routes and reduced delivery times, enabling fast, emission-free last-mile deliveries. In partnership with food tech retail company ROOTS, the robots are already operating in Dubai's Sobha Hartland community, and a pilot program has also been launched in Expo City Dubai. Visitors can explore these innovations and more at Yango Tech's booth at Seamless Middle East 2025 from 20 - 22 May, located at Booth H1-A32. About Yango Tech Yango Tech, a part of the global tech company Yango Group, is a unified ecosystem delivering advanced B2B technology solutions tailored to meet the diverse needs of modern businesses. The company offers an integrated suite of tools, spanning warehousing, mobility, retail, and beyond, designed to help businesses streamline operations, enhance customer experiences, and drive sustainable growth. The ecosystem includes AI technology solutions for retailers Yango Tech Retail, last mile delivery Yango Tech Autonomy, AI-powered automation solution for warehouses Yango Tech Robotics, advertising solutions Retail Media, last-mile delivery management solution RouteQ, cloud platform Yango Tech Cloud, corporate browser for organizations Yango Tech Browser, and database YangoDB. By leveraging cutting-edge AI-powered innovations, Yango Tech empowers companies to stay competitive and thrive in an increasingly digital world.
