Business News • MarketWire • Trendyol.com Raises $26 Million in New Funding From Kleiner Perkins & Tiger Global to Fuel Continued High Growth in Turkey |
Trendyol.com Raises $26 Million in New Funding From Kleiner Perkins & Tiger Global to Fuel Continued High Growth in Turkey |
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Trendyol.com Raises $26 Million in New Funding From Kleiner Perkins & Tiger Global to Fuel Continued High Growth in Turkey
ISTANBUL, TURKEY and PALO ALTO, CA--(Marketwire - Aug 10, 2011) - Trendyol.com, the leading and fastest-growing fashion e-commerce company in Turkey, has announced that it has raised $26 million from Kleiner Perkins Caufield & Byers and existing investor, Tiger Global, to fuel continued growth and scale operations. Notably, this is Kleiner Perkins Caufield & Byers' (KPCB's) first investment in Turkey -- raising attention for both Trendyol.com and the rapidly-expanding Turkish Internet and e-commerce ecosystem. KPCB has invested some of the world's most respected technology companies including: Google, Amazon.com, Twitter, AOL and Zynga. Trendyol.com highlights the unprecedented Internet and e-commerce growth market in Turkey, as well as company growth statistics in this infographic: www.trendyol.com/trends.
View More : http://www.marketwire.com/mw/release.do?id=1547897&sourceType=3
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