Dünya – German online food delivery giant Delivery Hero has announced the acquisition of Yemeksepeti, Turkey’s first online food delivery company, for USD 589 million, sealing the largest such deal in Turkey’s internet industry to date. The record-breaking deal is also the largest-ever acquisition in the online food-ordering sector.
Founded in 2001, Yemeksepeti is active in Turkey and 7 Middle-Eastern markets, processing about 3 million orders per month. The complete acquisition of Yemeksepeti increases the Berlin-based Hero Delivery’s reach to 32 countries.
Yemeksepeti will continue to be run by its experienced team under CEO and Co-Founder Nevzat Aydin, who joins Delivery Hero as a senior advisor.