The largest e-commerce company in Turkey and MENA: Trendyol Group

Trendyol Group, Operating Trendyol.com, founded in 2010, headquartered in Istanbul, Turkey, Trendyol.com is the largest mobile commerce company in Turkey and MENA, with annual sales of more than 300 million goods.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

Trendyol Group US Equities Encyclopedia

Trendyol operates in the Trendyol Group structure, including Turkey's largest second-hand platform Dolap, delivery network Trendyol Express, and the research and development center Trendyol Tech (Trendyol Tech focuses on mother tongue processing, real-time data analysis, machine learning and deep learning, image processing, data visualization, text simulation, and big data), which focuses on digital transformation. Trendyol Group has 4000 employees, including Trendyol Express couriers and service providers. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

As a second-hand product trading platform, Dolap was established in 2016 and transferred to Trendyol in 2018. The platform allows users to sell unused or unused clothes. The platform provides 25 million products in 200 different categories. Dolap has 500000 subscribers and its goal is to reach TRY 5 billion in sales by 2022. 120000 products are uploaded to the website every day. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

Trendyol was founded by Demet Mutlu in 2010 as a shopping website aimed at making fashion accessible to everyone. It created a market model by expanding the range of products and services consistent with its growth. More than 300 million products are delivered to fashion, electronics, home furnishing and furniture , mother, baby and Cosmetics And so on. The mobile applications of this platform have more than 15 million customers every year, with an average of 180 million mobile visitors every month. Its mobile applications have been downloaded 45 million times. Trendyol describes itself as a technology company, which digitises the shopping experience through the technology developed by its own efforts. Prioritize SME projects and activities focused on digital transformation. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

Trendyol owns fashion brands Trendyolmilla women's wear and Trendyol Man men's wear. Trendyol supplies Turkish products to foreign consumers. German consumers can directly purchase Turkish products on Trendyol.de, which was established in 2018. Trendyol exports Turkish products to 190 countries through various national platforms. Trendyol will put the Hizli Market brand into service in a few areas of Istanbul after entering the online supermarket business in June 2020. It aims to deliver supermarket products to users within one hour. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

Trendyol is committed to solving social problems. Recently, the platform Covid-19 During the pandemic, the Ministry of Health was provided with materials and equipment worth 5 million Turkish lira, and contributed 1 million Turkish lira to the President's national unity movement. Alibaba Group Is a company dedicated to Electronic Commerce , retail, Internet and technology leading multinational technology companies have made strategic investments in Trendyol. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

Trendyol is considered the earliest technology in Turkey unicorn one of. Trendyol is the largest Internet employer in Turkey. In 2018, the company announced that Alibaba The Group has established investment strategic partnership. Alibaba's investment in Trendyol is by far the largest Internet industry investment in Turkey. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

Digital Transformations

Trendyol has 45000 business partners and continues to be committed to the digital transformation of SMEs. Trendyol launched various SME support programs during the COVID-19 pandemic. Fatma Sahin, Mayor of Gaziantep Metropolitan Municipality, has announced a package plan to introduce e-commerce to 1000 small and medium-sized enterprises in the city. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

With the support package for SMEs with a total value of 80 million lire, the platform provides financial support of 20 million lire for SMEs as market business partners, and reserves additional funds of 60 million lire for training, promotion and marketing activities. Grand Bazaar closed the door to tourists during the pandemic and organized e-commerce training programs for businessmen. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

Trendyol has cooperated with the Fashion Designers Association to open a "Turkey Modasi Benim" boutique to encourage e-commerce among fashion designers. The platform provides a series of more than 40 fashion designers, including Tuvana Buyukcinar, Mehtap Elaidi, Ozgur Masur, Ozlem Kaya, Zeynep Tosun, Ozlem Suer and Tanju Babacan. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/trendyol.html

In the process of normalization after the pandemic, Trendyol platform, in cooperation with TOBB, announced the SME support plan "Use Trendyol to strengthen your business" (Trendyol ile ⏵ ini B ü y ü t). Members of the Chamber of Commerce or companies listed on the stock exchange have the opportunity to sell goods in Trendyol at zero commission for one month, with a total amount of no more than 30000 TRY. In the second quarter of 2020, 15000 new suppliers joined the platform.

Trendyol Group Financing Encyclopedia

  • In July 2010, Trendyol Group completed a round A financing of 2.2 million euros.
  • In November 2010, Trendyol Group completed Tiger Global Management Exclusive round B financing of US $9.1 million.
  • In July 2011, Trendyol Group completed Kleiner Perkins , Tiger Global Management Lead investment, round C financing of $25 million invested by Inventories.
  • In April 2021, Trendyol Group obtained an exclusive strategic stake of 350 million dollars from Alibaba Group.
  • In August 2021, Trendyol Group obtained General Atlantic , Softbank Vision Fund lead investment, Qatar Investment Authority , ADQ and Princeville Capital.

Trendyol Group US equity investment

Company official website

Unlisted company , waiting for Trendyol Group IPO Listing.

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  Last updated: 2023-11-29
 Encyclopedia of American Stocks
  • This article is written by Originated by American Stock House Published at 01:08:38, August 2, 2021
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