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China’s Alibaba Invests in Turkish E-Commerce Company 
24.07.2018

China-based internet giant Alibaba Group declared that it has decided to invest in Turkish e-commerce company Trendyol at the end of June 2018.

 

Trendyol is one of the leading e-commerce companies in Turkey and holds a leading position among online fashion retailers. The Competition Authority approved the deal on July 24.

 

Previously, President Recep Tayyip Erdoğan has received founder of Alibaba Jack Ma on the occasion of his official visit to New York to attend the 72nd United Nations General Assembly meetings in September 2017.

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05.08.2019 Turkey Marks Completion of Istanbul-Izmir Highway and Bursa City Hospital
01.08.2019 DP World Yarimca Connects the Sea with the Silk Road
16.07.2019 The Turkish Nation Rallied in Ankara and İstanbul to Commemorate the 3rd Anniversary of July 15
10.07.2019 Turkey Unveils the 11th Development Plan
05.07.2019 NGN Group Opens Data Center in Istanbul
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