Online dictionary giant Babylon picks Türkiye amidst crisis

Hurriyet – Israeli Babylon, one of the world’s leading companies in online dictionary and corporate software solutions services, inked an agreement with Medyasoft for distribution services in Türkiye, where it opened an office during the time of a global economic crisis. Alon Carmeli, CEO of Babylon, said they have three million Turkish users despite they did not have operations in Türkiye up until now and added, “We consider further expanding our presence in Türkiye, where we see a vast potential.” Carmeli stated that they have also opened a representative office in Türkiye and went on to say that Türkiye ranks amongst the top five countries in the world with respect to Babylon users and that they expect the country to rank amongst the top three countries with regard to revenues following their recent investment moves.