Business

Strategic investment from Getir

Bringing market products to users in an average of 10 minutes by starting a first in Turkey in the world, Getir has started a review process to partially purchase the shares of n11. Getir, which has made important strategic moves abroad recently, will have made its biggest investment in Turkey with this transaction. Established in March 2013 under Dogus Planet in partnership with Dogus Group and SK Group, one of the largest groups in South Korea, n11 brings together more than 20 million products and more than 270 thousand business partners with more than 23 million users.

$7.5 BILLION VALUE

The company, which received an investment of close to $1 billion in the first six months and reached a valuation of $7.5 billion, provides services in England, the Netherlands, Germany and France. By the end of the year, it will also start operating in Spain, Italy, Portugal and the USA.

Source: Sabah / Translated by Irem Yildiz

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