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Turkish Online Startups & E-commerce in Turkey

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A small presentation I did while I was presenting some ideas for my master thesis. The content is completely gathered through internet.

A small presentation I did while I was presenting some ideas for my master thesis. The content is completely gathered through internet.

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  • 1. @sezginhergul Poznan University of Economics 2013 Turkish Online Startups & E-Commerce in T urkey
  • 2. 47% The percentage of T urks who use the internet 47 percent. Still much smaller than the European Union’s (EU27) 71 percent. source: T urkstat Turkish Online Starups & E-Commerce in T urkey
  • 3. 91,5% T urkish Broadband Internet users in 2011. source: http://www.turkiye-e-konomi.com/en/ Turkish Online Starups & E-Commerce in T urkey
  • 4. What about Facebook penetration?
  • 5. 32m Number of T urkish F acebook users in 2013. 32.797.480 source: http://www.socialbakers.com/facebook-statistics/ Turkish Online Starups & E-Commerce in T urkey
  • 6. 11% T urkey was the fastest growing country in continent Europe. source: T urkstat Turkish Online Starups & E-Commerce in T urkey
  • 7. $12b The contribution of Internet to GDP in T urkey. source: BKM Turkish Online Starups & E-Commerce in T urkey
  • 8. $2.4b Spent online shoping in T urkey in 2011. source: BKM Turkish Online Starups & E-Commerce in T urkey
  • 9. $34b Spent offline after searching online. ZMOT! source: BKM further information: http://www.zeromomentoftruth.com/ Turkish Online Starups & E-Commerce in T urkey
  • 10. $3.8B Private investment contributes about TL 7 billion to T urkish Internet GDP. source: http://www.turkiye-e-konomi.com/en/ Turkish Online Starups & E-Commerce in T urkey
  • 11. T urkey is the second fastest growing e-commerce market after India. source: http://www.turkiye-e-konomi.com/en/T urkey-Online-English.pdf Turkish Online Starups & E-Commerce in T urkey
  • 12. Why T urkey is such a hotspot for startups? Turkish Online Starups & E-Commerce in T urkey
  • 13. $16.6B T urkish e-commerce market volume. source: BKM 2012 Report Turkish Online Starups & E-Commerce in T urkey
  • 14. There is more... There is more... There is more... There is more... There is more... There is more... There is more... There is more... Turkish Online Starups & E-Commerce in T urkey
  • 15. in 2011, eBay acquired 93 percent of T urkey’s largest auction site, GittiGidiyor* in a deal rumored to value the company at $215 million. *5 M Monthly unique visitors. source: Businessware Turkish Online Starups & E-Commerce in T urkey
  • 16. Same year, South African Naspers acquired 70 percent of Markafoni* one of T urkey’s largest private shopping companies, in a deal valuing Markafoni at about $200 million. 3.3 M Montlhy unique visitors source: Techcrunch Turkish Online Starups & E-Commerce in T urkey
  • 17. Again same year, Kleiner Perkins, one of Silicon Valley’s preeminent VC firms invested $26 million into Trendyol* a large private shopping site. 2.5 M Monthly unique visitors source: Kleiner Perkins Press Release Turkish Online Starups & E-Commerce in T urkey
  • 18. in 2012, General Atlantic invested in one of the successful food ordering site, yemeksepeti with the amount of $44 Million. source: eticaretmag.com Turkish Online Starups & E-Commerce in T urkey
  • 19. and last, not the least, Social gaming company which is already 3th in the world with MAU* Peak Games attracted $11.5 Million from Early Bird Venture Capital, Hummingbird Ventures and unnamed investor. *Monthly active users source: venturebeat.com Turkish Online Starups & E-Commerce in T urkey
  • 20. Not the mention all the local investors in T urkey. Galata Business Angels Emre Kurttepeli, Alemşah Öztürk, Ahu Büyükkuşoğlu Serter, Arif Akdağ, Burak Divinlioğlu, Cem Soysal, Elbruz Yılmaz, Erinç Özada, F atih İşbecer, Ferhan Cook, Fırat İşbecer, Fulvio Villa, Haluk Elçi, Joachim Behrendt, Kaan Boyner, Melih Ödemiş, Nevzat Aydın, Orkun Tekin, Ömer F aruk Akarca, Ömer Hızıroğlu, Önder Öztarhan, Serhat Görgün, Serkan Borançılı, Sina Afra, Uğur Şeker ve Ziya Boyacıgiller. Etohum Murat Şahin, Joachim Behrendt, Barış Ruacan, F aruk Eczacıbaşı, Erol Bilecik, Hasan Aslanoba, Nevzat Aydın, Orhan Göksal, İhsan Elgin, İlkan Gökyılmaz, Ahmet Emre Sarı, Burak Ertaş, Tolga Tatari, Tolga Kabataş, Yüksel Dibekoğlu, F atih İşbecer, Ari Kesisoğlu, Burçin Didinedin, Erdem Yurdanur, Fırat İşbecer, Melih Ödemiş, Emre Kurttepeli, Burak Divanlıoğlu, Serkan Borançılı, Sina Afra, Orkun Tekin, Aydonat Atasever, Haluk Elçi, Ersan Özer, Ertuğrul Balen, Pamir Gelenbe, Cem Sertoğlu, Kerim Baran, Cem Soysal, Kerim Türe, Tarkan Onar, Wouter Gort, Tümay Asena, Burak Büyükdemir. source: eticaretmag.com Turkish Online Starups & E-Commerce in T urkey
  • 21. And many more Angel Investors... Turkish Online Starups & E-Commerce in T urkey
  • 22. Looks like it’s a great time to be launching a online startup in T urkey! Turkish Online Starups & E-Commerce in T urkey
  • 23. 2 Successful T urkish startups! Turkish Online Starups & E-Commerce in T urkey
  • 24. Why Peak Games? + 9.4 million daily users, 30 Million monthly active users. + Active in multiple markets (T urkish, Middle Eastern and N. African) + 170 employees. + 3rd biggest social gaming company after Zynga and King + $11.5 million investment (still has the potential to get more investment) + Open to any kind of innovation + Seems getting more users as the social networking penetration grows in T urkey each day. (Currently 6th position in the world) Turkish Online Starups & E-Commerce in T urkey
  • 25. Why Yemeksepeti.com? + With over 1.5 million users + 9 Million monthly unique visitors + 50.000 orders a day + Also active in UAE and Russia + $150 Million revenue in 2012. + $44 Million investment from General Atlantic. + 20% of all orders on Yemeksepeti are done via mobile + One of the best CRM in T urkey. Turkish Online Starups & E-Commerce in T urkey
  • 26. @sezginhergul Poznan University of Economics 2013 Thank you for your attention. İlginiz için teşekkür ederim.