Trendyol
Trendyol is an e-commerce platform based in Turkey, with its headquarters in Istanbul. Trendyol operates in Trendyol group structure. Founded in 2010 by Demet Mutlu and in 2018 The Chinese company Alibaba Group was the largest shareholder of the company with 86.5%. Trendyol is a private company, specialising in the fashion and retail sector.
| Industry | E-commerce |
|---|---|
| Founded | 2010 |
| Founder | Demet Mutlu |
| Headquarters | , |
| Owner | Alibaba Group %86,5 Demet Mutlu % 6,96 |
| Website | trendyol.com |
In August 2021, Trendyol entered into agreements to raise $1.5 billion from a number of investors, valuing the company at $16.5 billion. With the new funding, Trendyol became Turkey’s first decacorn (a start-up with a valuation of over $10 billion). The round was co-led by General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority.
On 12 July 2023, Trendyol took over sponsorship of the Süper Lig and the TFF First League from Spor Toto by paying ₺700.000.000.