Trendyol Announces It Will Be Offered To The Public

E-commerce platform that has been reaching more and more users every day in recent years Trendyolmade statements about the future. In the statements made by Trendyol Group President Çağlayan Çetin, it was stated that they especially wanted to reach Europe and the Middle East. According to Çetin’s statements, Trendyol is operating in some European and Middle Eastern countries. by establishing warehouseswill try to reach customers in the region. Cetin, “There are thousands of sellers from every province on our platform. 75 percent of the goods we sell are produced in Turkey. Our goal is to deliver the products in Turkey to the customer’s door in Berlin, Riyadh and Dubai. We have this potential in European and Middle Eastern countries.. We want to take the products sold from Trendyol to the 500 million European and Middle Eastern markets, right up to the customer’s doorstep. For this purpose, we aim to establish sorting centers and warehouses at some points abroad.‘ he said.

According to Trendyol Group President Çağlayan Çetin, the e-commerce platform will soon take an important step. This step is the platform public offering covers. “All technology companies go public when they reach a size. We want to see a third of our turnover in public offerings come from exports. To our goals as timing We can reach in 2024-2025. Maybe we can reach those targets by 2023. As a Turkish company, we can consider a bilateral public offering with Istanbul and another market. Would the second place be London or New York? Let’s see the situation that day. New York is a major stock market for tech companies.” Caglayan Cetin made the clearest statements about Trendyol’s public offering process.

5 billion dollars will be invested in 5 years

One of the issues that Çağlayan Çetin mentioned is the future of Trendyol. with investment plans it was about In this context; Mentioning that they will make an investment of 5 billion dollars in the next 5 years, Çetin stated that Alibaba also supports this decision. According to the statements made, Trendyol will when purchasing some companies abroad will appear. Çağlayan Çetin’s statement on the subject is as follows:

in the next 5 years $5 billion We are considering investments both at home and abroad. We are also considering acquisitions of companies abroad for these operations. Some investments will be made from scratch. Our investors also believe in us and with their capital ready to support us.