One of Turkey’s Most Rooted E-Commerce Companies awayWith eBay’s purchase of 93% of the company’s shares in May 2011, the global giant came under the roof of the platform. Bad news came from GittiGidiyor, which has served under eBay to this day. eBay has announced in its announcement that GittiGidiyor will be shutting down.

According to eBay’s written statement, the company, a subsidiary of Turkey, has Decided to close GittiGidiyor† The statement stated that as of today, merchants operating on GittiGidiyor will not be able to post new ads on the platform. As of July 18, it was shared that buyers will no longer be able to make new purchases, i.e. trading on the platform will be completely terminated.

Description shared by eBay:

eBay announced today that it will take steps to close its marketplace company GittiGidiyor in Turkey. eBay acquired a majority stake in GittiGidiyor in 2011 and ran the company as an independent platform. eBay regularly reviews its business operations worldwide and has made this difficult but strategic decision. based on the ongoing competitive dynamics in the market. has received.

eBay will work closely with buyers and sellers of GittiGidiyor to assist with the transition of the platform and will share more detailed information directly with them later in the day. Starting today, sellers will no longer be able to list new items, and as of July 18, buyers will no longer be able to make new purchases. Buyers and sellers can access My Account pages until September 5, 2022.

The closing of the GittiGidiyor business is not expected to have a material impact on eBay’s second quarter or full year results. For reference, GittiGidiyor contributed approximately 4 million active buyers to eBay’s consolidated number of active buyers at the end of Q1 2022.”

Another book will be closed in Turkey after eBay’s strategic decision. World trade giant eBay will thus have withdrawn its hand from Turkey.