Startups

Getir bought all shares of online shopping platform n11

Getir from Turkiye’s decacorn startups, announced that it has bought all the shares of n11, of which it previously bought some of its shares. The statement came from Nazim Salur, the founder and CEO of Getir.

Getir from Turkiye’s decacorn startups, announced that it has bought all the shares of n11, of which it previously bought some of its shares. The statement came from Nazim Salur, the founder and CEO of Getir.

Nazim Salur made his statement on the purchase of n11 on Twitter. There is no information about the financial details of this sound news yet.

Established in March 2013 in partnership with Dogus Holding Inc and SK Planet Co. Ltd., one of the biggest groups in South Korea, n11 managed to make quite a splash in our country for a while. Nazim Salur added that n112 will be renewed and offered to users. How the renewed n11 will be has not yet been announced.

Getir, which has made a name for itself with its acquisitions, bought its German rival Gorillas for $1.2 billion last December. In its last investment round, it received an investment of $768 million, increasing its value to $11.8 billion. It is quite curious how the company will follow with n11.

Source: Egirisim / Prepared by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button