Online retailer Trendyol has seen its value soar after raising $1.5 billion (£1.09 billion) in investment. Backed by Alibaba, Turkey’s biggest e-commerce platform is now valued at $16.5 billion, making it the first Turkish decacorn (a start-up company worth over $10 billion). The latest round of funding for Trendyol came from high-profile investors, led by US […]
The world’s leading modest fashion e-commerce platform has reported bumper sales during this year’s Ramazan, with purchases up by 70% in Britain compared to the same period last year. Istanbul-headquartered Modanisa said the easing of coronavirus lockdown restrictions by the British government in April, just ahead of the month-long fast for Muslims, allowing people to […]
Modanisa.com was named the winner of the E-commerce and Digital Experience Award at the 2018 International Business Excellence Awards on Tuesday night. The modest fashion e-tailer beat leading Gulf retail chain Aswaaq and UAE’s RAKBank to pick up the prestigious prize at the awards ceremony held at Jumeirah Beach Hotel in Dubai. Kerim Türe, […]
