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
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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Acquired by
Alibaba Group
(Jun 28, 2018)
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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series D — $1.5B
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First Round
First Round
(23 Jul 2010)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series D - Trendyol | Valuation | General Atlantic , SoftBank Vision Fund |
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| Jul, 2011 | Amount | Series C - Trendyol | Valuation |
investors |
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| Nov, 2010 | Amount | Series B - Trendyol | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Tech companies are funded through venture capital by Princeville Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Trendyol
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Trendyol
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trendyol Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Online platform selling electronics, clothing, and household items to consumers.
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| domain | founded_year | HQ Location |
Operates an online retail store offering multi-category products.
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| domain | founded_year | HQ Location |
Operates a digital marketplace for multi-category consumer products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trendyol
Frequently Asked Questions about Trendyol
When was Trendyol founded?
Trendyol was founded in 2010.
Where is Trendyol located?
Trendyol is headquartered in Maslak, Turkey. It is registered at Maslak, Istanbul, Turkey.
Who is the current CEO of Trendyol?
Demet Suzan Mutlu is the current CEO of Trendyol. They have also founded this company.
Is Trendyol a funded company?
Trendyol is a funded company, having raised a total of $1.54B across 4 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jul 23, 2010.
What does Trendyol do?
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.
Who are the top competitors of Trendyol?
Trendyol's top competitors include Amazon, Hepsiburada and PttAVM.
Who are Trendyol's investors?
Trendyol has 8 investors. Key investors include Alibaba Group, Kleiner Perkins, General Atlantic, SoftBank Vision Fund, and Princeville Capital.
What is Trendyol's valuation?
The valuation of Trendyol is $16.5B as of Aug 2021.