nordic 2 white

Turkey

DHL to focus more on ecommerce in Turkey

DHL to focus more on ecommerce in Turkey

DHL has plans to concentrate more on ecommerce in Turkey. The German logistics player considers Turkey as an important regional hub which could fuel growth in the Middle Eastern and European markets. DHL is setting up an operations center at Istanbul Airport as first step of this plan.

Continue reading

Ecommerce in Turkey to reach 7.59 billion euros in 2018

Ecommerce in Turkey to reach 7.59 billion euros in 2018

Ecommerce in Turkey is growing fast. Expectations are the online retail industry of Turkey will reach 50 billion Turkish liras, currently about 7.59 billion euros, by the end of this year. Last year, the industry was worth 42.2 billion liras, or 6.4 billion euros. This means, ecommerce in Turkey is about to grow 18.5 percent this year.

Continue reading

Amazon Turkey has launched

Amazon Turkey has launched

Amazon has launched Amazon Turkey today. The dedicated local marketplace offers products from 15 different categories to Turkish customers. Consumers in Turkey could already order at Amazon, but that happened via a translated version of the German Amazon. Now, they have their own dedicated Amazon website with Amazon Turkey.

Continue reading

PayPal has quit operations in Turkey

PayPal has quit operations in Turkey

PayPal has ceased operations in Turkey after the company was unable to get a new license from Turkish financial regulator BDDK. A new Turkish policy requires IT systems to be housed within the country, but that's something PayPal doesn't follow.

Continue reading

Turkish PSP PayU grows 40-80% in each market

Turkish PSP PayU grows 40-80% in each market

PayU, a payment service provider in Turkey, will close this year with a growth of 40 to 80 percent in each of its markets. This success is due to an emerging middle class, the rise of mobile technology and evolving ecommerce environments in developing markets, the company says.

Continue reading

Groupon exits Greece and Turkey

Groupon exits Greece and Turkey

Groupon is no longer active in Greece and Turkey. The American ecommerce company pulled the plug on its operations in these two Southern European countries last week. It’s still not clear why the Greek site is offline now, but Groupon backed down in Turkey because of financial expectations that couldn’t be met.

Continue reading

Europe sees rise of mobile payments

Europe sees rise of mobile payments

In Europe, more and more consumers like to pay using their smartphone or tablet. In share of mobile device owners who already have experience with mobile payments, Turkey is the absolute leader in Europe. This is apparent from the latest report by yStats.com, called "Europe Online Payment Methods: First Half 2015".

Continue reading