Trendyol expands to Azerbaijan, a senior official On Sunday, on the occasion of the Turkish e-commerce giant second market Abroad after Germany.
the online Market signed a cooperation agreement with A statement issued by the major Azerbaijani Pasha holding company said on Monday. The two will form a joint company for E-commerce activities.
the move It comes after the launch of Trendyol in Germany A year Since, marking her first market outside Türkiye and its entry into Europe. Platform also plans to launch in Netherlands, Luxembourg and London soon.
the move will increase trade Turnover volume between Turkey and Azerbaijan, Industry and Technology Minister Mustafa Varank said during Teknofest, Turkey’s first aerospace and technology festival in Istanbul.
Varank said that Turkish-Azerbaijan relations exist on the “one two nation countriesRecently, the bilateral economic relations have moved to a different dimension.
I went to the opening of Trendyol Berlin office before; We’ll now see Trendyol in He said “Azerbaijan”.
Jaglayan Getin, head of Trendyol Group said that the two companies acquired first stepand the new website will start its operations like of Wednesday.
The company, however, will totally start its activities in Azerbaijan was once the infrastructure work He is completehe added.
last yearthe primary source of Cetin said that the foreign orders to Trendyol were from Azerbaijan.
Share that according to mobile Data analytics platform App Annie, Trendyol was the most downloaded app in Azerbaijan in 2022.
Cetin stressed that the synergy created by the experiences of Pasha Holding Company in Azerbaijan market and trendyol technologyLogistics and productivity efficiencies will make significant contributions to development of E-commerce ecosystem in Azerbaijan.
In this sense, we believe wholeheartedly in the success of Establishing a strategic partnership and its positive impact on “Azerbaijan is a brotherly country,” he said.
explain it one of priorities of Trendyol future The vision is to enter foreign markets, is added: This initiative will strengthen cooperation relations between Türkiye and Azerbaijan by facilitating border crossing trade and contribute to the economy growth in the region. “
Celal Gasimov, CEO of Al-Basha Holding said interest in E-Commerce in Azerbaijan is increasing thanks to the wide product range At competitive prices.
While this agreement will provide access to a broader product range Reasonably priced, you will also Displays financial products and services of He said that Azerbaijani companies.
In addition to facilitating technology transportation, this initiative will improve the logistics ecosystem, add Value to different areas and create new Job opportunities, encouraging e-commerce culture, enabling small and medium businesses to sell onlineAnd reduce unofficial economyHe said. Thus, we expect this initiative to lead to an increase in foreign investment in Country.”
was established in 2010, Trendyol, one of Turkish bestWell-known e-commerce platforms, and have received the support of foreign investors and are leading in Fragmented e-commerce in the country market.
Trendyol 2021 has become the property of Turkey first “Decacorn” – a term for Startups being evaluated passes $10 billion mark.
