The BiSU application, which digitizes the water order process and brings together different brands in a single application, announced that it has declared a concordat.
Working with more than 30 water brands and setting off on the need to purchase water through a single application, independent of the clock, BiSU is today, after an investment round of 100 million dollars valuation last month. declared a concordat explained.
In the statement made by BiSU, which declared a bankruptcy to prevent bankruptcy due to the debts it could not pay, it was stated that, together with the concordat decision,The fast market service, which only serves in Istanbul, is also temporarily suspended. expressed.
It is stated that the company will continue to work with the ‘marketplace’ model;
According to the news in egirişim, although the concordat process has started, BiSU will continue its work without slowing down.
The full text of the statement from the company is as follows;
”Recent developments in the Turkish and world economy have had a significant impact on the e-commerce sector in which we operate, as in many other sectors.
These effects have brought along different uncertainties in BiSU’s investment processes, and some of our operations have become obligatory.
In this context, as of April 29, 2023, we have decided to stop our market service, which we provide only in Istanbul with the fast delivery model, for a while.
In addition, we have started the concordat process in order to support effective cost management and strengthen the balance sheet structure within our company.
Our main goal here is to ensure that our company fully fulfills its obligations to all its stakeholders and that BiSU goes through this process created by difficult economic conditions in the healthiest way possible.
In this process, we would like to express that we will continue our water order marketplace operation, which has a very important share in BiSU’s growth story. Our biggest goal and motivation in the coming period will be to further expand our market place for water orders, which we carry out with our different brands and dealers in 60 cities today.
We present it to your information.”
It is said that there are criticisms from dealers and users;
These statements received mixed reactions on social media. Employees and dealers do not receive their salaries and progress payments, serious debtsWhile being expressed, some users also state that they have problems in reaching customer service and using the application.
Source :
https://egirisim.com/2023/04/29/konkordato-surecini-baslatan-bisu-pazar-yeri-modelyle-calismalarina-devam-edecek/