Trendyol, a significant ecommerce player from Turkey, is developing plans to construct a regional logistics center near the Romanian capital, Bucharest. The corporate goals to serve all of southeastern Europe from the brand new logistics hub, which can employ 250 people when fully operational in 2025.
Çağlayan Çetin, president of the Trendyol Group, told this to the Romanian business news platform Economica.net. “By the variety of products, we’re already the largest player in online fashion in Romania”, he said in regards to the location. Trendyol only began selling within the country earlier this yr, where greater than three million products have already been sold to half one million local customers. Their orders are currently being delivered from Trendyol’s warehouses in Turkey and Poland.
Trendyol in Romania
Following a successful start, Trendyol is ready to take a position within the Romanian market. “In the approaching yr, we’re committed to further expanding Trendyol’s offerings on the local market, opening an office in Bucharest and a regional warehouse, in addition to integrating local and regional sellers on the platform while respecting our sustainability commitments”, declared Çetin.
‘Trendyol will integrate local and regional sellers.’
The Trendyol platform already connects greater than 250,000 merchants and types with over 35 million customers through dedicated applications in local languages.
Alibaba Group
Founded in 2010, Trendyol quickly became a market leader in Turkish ecommerce. Eight years after its launch, the Istanbul-based company became largely owned by the Chinese Alibaba Group, which now holds 86.5 percent of the shares. The corporate’s European expansion ambitions became concrete when the platform opened its doors to internet buyers in Germany within the spring of 2022. Later, the highest 10 European online store also launched within the Czech Republic, Slovakia, Poland, Hungary, Bulgaria, and Greece.
Ecommerce in Turkey
In its home market, Trendyol enjoys increasing online spending: Turks are making more of their purchases online. Significant growth is anticipated again this yr in Turkey, where nearly 560,000 corporations are registered as energetic in ecommerce. The federal government wants to guard them from foreign online stores, that are growing in popularity. It should be implementing drastic tax changes to scale back cross-border shopping.
