Business Chief US and Canada November 2022 | Page 17

Trendyol by numbers
US $ 16.5bn The valuation of Trendyol , now a decacorn , in 2021 following a funding raise
US $ 750m Investment made in Trendyol by China ’ s Alibaba Group in 2018 making them a major shareholder
60 % The percentage of online fashion sales in Turkey Trendyol takes
27 The number of countries in Europe that Trendyol delivers to . They have offices in Istanbul , Amsterdam , Berlin , and Luxembourg
US $ 300,000 The personal funds Mutlu used in 2009 to launch her fashion portal
1 million Number of packages being delivered to customers on a daily basis
260,000 + Number of sellers that Trendyol has on its books
US $ 1.5bn Trendyol ’ s most recent raise in a funding round , which achieved decacorn status , and was co-led by SoftBank , General Atlantic and Princeville Capital , and sovereign wealth funds Qatar Investment Authority and Abu Dhabi ’ s ADQ

Trendyol by numbers

US $ 16.5bn The valuation of Trendyol , now a decacorn , in 2021 following a funding raise

US $ 750m Investment made in Trendyol by China ’ s Alibaba Group in 2018 making them a major shareholder

60 % The percentage of online fashion sales in Turkey Trendyol takes

27 The number of countries in Europe that Trendyol delivers to . They have offices in Istanbul , Amsterdam , Berlin , and Luxembourg

US $ 300,000 The personal funds Mutlu used in 2009 to launch her fashion portal

1 million Number of packages being delivered to customers on a daily basis

260,000 + Number of sellers that Trendyol has on its books

US $ 1.5bn Trendyol ’ s most recent raise in a funding round , which achieved decacorn status , and was co-led by SoftBank , General Atlantic and Princeville Capital , and sovereign wealth funds Qatar Investment Authority and Abu Dhabi ’ s ADQ

businesschief . com 17