About Trendyol
Trendyol is a company based in Maslak (Turkey) founded in 2010 by Demet Suzan Mutlu was acquired by Alibaba Group in June 2018. Trendyol has raised $1.54 billion across 4 funding rounds from investors including Alibaba Group, Kleiner Perkins and General Atlantic. Trendyol operates in a competitive market with competitors including Hepsiburada, Amazon, PttAVM, Markafoni and Grand Turkish Bazaar, among others.
- Headquarter Maslak, Turkey
- Founders Demet Suzan Mutlu
- Stage Decacorn
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Sectors
Retail
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.54 B (USD)
in 4 rounds
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Latest Funding Round
$1.5 B (USD), Series D
Aug 09, 2021
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Investors
Alibaba Group
& 7 more
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Employee Count
Not available
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Acquired by
Alibaba Group
(Jun 28, 2018)
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People of Trendyol
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Funding Insights of Trendyol
Trendyol has successfully raised a total of $1.54B across 4 strategic funding rounds. The most recent funding activity was a Series D round of $1.5 billion completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Trendyol
Trendyol has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Alibaba Group, Kleiner Perkins and General Atlantic.
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Private equity fund focused on global markets
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Venture capital investments in technology and startups.
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Tech companies are funded through venture capital by Princeville Capital.
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Investor details for Trendyol
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Investments & Acquisitions by Trendyol
Investment portfolio details for Trendyol
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Financial Statements - Trendyol
Detailed financials for Trendyol
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Trendyol Comparisons
Peer comparison for Trendyol
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Competitors of Trendyol
Trendyol operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hepsiburada, Amazon, PttAVM, Markafoni and Grand Turkish Bazaar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category products are sold via an online marketplace platform.
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Multi-category products are offered through an online marketplace.
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Online platform selling electronics, clothing, and household items to consumers.
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Operates an online retail store offering multi-category products.
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Operates a digital marketplace for multi-category consumer products.
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Detailed competitors of Trendyol
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Latest news on Trendyol
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Frequently Asked Questions about Trendyol
Trendyol was founded in 2010.
Trendyol is headquartered in Maslak, Turkey. It is registered at Maslak, Istanbul, Turkey.
Demet Suzan Mutlu is the current CEO of Trendyol. They have also founded this company.
Trendyol is a funded company, having raised a total of $1.54B across 4 funding rounds to date.
Founded in 2010, Trendyol is based in Maslak, Turkey, within the e-commerce sector. An online platform is maintained for retailing products across categories such as fashion, beauty, grocery, home furniture, electronics, sports, and outdoor items. Access is facilitated through mobile applications compatible with Android and iOS systems. Operations center on digital retail distribution in the Turkish market and beyond.
Trendyol's top competitors include Amazon, Hepsiburada and PttAVM.
Trendyol has 8 investors. Key investors include Alibaba Group, Kleiner Perkins, General Atlantic, SoftBank Vision Fund, and Princeville Capital.
The valuation of Trendyol is $16.5B as of Aug 2021.