Trendyol Public Offer Statement: We will not rush!
- February 15, 2024
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In the past year there has been a huge craze in the field of offering shares in our country. Many companies, large and small, were offered to the
In the past year there has been a huge craze in the field of offering shares in our country. Many companies, large and small, were offered to the
In the past year there has been a huge craze in the field of offering shares in our country. Many companies, large and small, were offered to the public during this period and were listed on Borsa Istanbul (Borsa Istanbul).BIST) was mentioned. However, some giant companies providing services in various fields preferred not to be included in this trend. One of these is the e-commerce giant It was Trendyol. So why hasn’t Trendyol gone public and are there any future plans for this?
Speaking to Bloomberg TV, Trendyol Group President Çağlayan Çetin said: IPO process He has made some statements about this. However, Trendyol Group President Çetin said that they, like other companies, have plans to go public: they will not rush told. It seems Trendyol is planning to make a strong entry into BIST.
“We have strong balance sheets and our investors provide serious international support. We will not rush to go public. Ultimately it will be in our plans, just like all tech companies.” ÇaÄŸlayan Çetin stated that his priorities are Internationalization of Trendyol He underlined that. In other words, the company wants to further strengthen its presence outside Türkiye. According to ÇaÄŸlayan Çetin, when Trendyol went public, this was its revenue 50 percent It must come from the international market.
Çağlayan Çetin explained the current situation of their assets abroad: 1 million He said they have active customers. Çetin said that they want to reach 6 million customers by the end of the year and that is their ultimate goal 10 million customers He stated that this was so.
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.