Amazon Inc. made its first acquisition in Turkey by investing in Turkish data processing company Data Row. Based in San Francisco, Data Row is a subsidiary of İstanbul-based TeamSQL Inc. and is focused on querying, processing, and the visualization of data.
Jeff Bezos founded Amazon in 1994 as an online bookstore in the US and now it is the biggest internet retailer in the world. Amazon had launched its activities in Turkey in 2018 as a subsidiary of the Group's European affiliate based in Luxembourg.
The Turkish e-commerce market has reached USD 12 billion in 2018, with an average annual growth of 33 percent since 2014.