Consumer Internet
Trendyol Group
Turkey's dominant e-commerce marketplace and its only decacorn, backed by Alibaba Group and valued at roughly $16.5 billion, holding an estimated 34-40% share of Turkish e-commerce with $4.9 billion in net sales (more than four times its nearest competitor). Trendyol generated $12.5 billion in GMV in 2024, has expanded internationally to nearly 20% of total revenue (with Gulf-region GMV surpassing $1 billion), and agreed to sell 85% of its Trendyol Go delivery unit to Uber for $700 million pending regulatory clearance, ahead of a planned IPO targeting a roughly 50% international revenue mix.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
1 source · 56% avg. source confidence
- TechCrunch / BoF — Uber to acquire 85% of Trendyol Go for $700M56% source confidence
Dependency Map
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The Story So Far
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
Trendyol Group's Timeline
A sourced, dated history of Trendyol Group's key moments — founding to present.
Aug 2021 · Becomes Turkey's first decacorn
Trendyol raised $1.5 billion at a $16.5 billion valuation, becoming Turkey's first decacorn.
Jan 2026 · Uber to acquire 85% of Trendyol Go
Uber agreed to acquire 85% of Trendyol Go, Trendyol's delivery unit, for $700 million, pending regulatory clearance.