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Announced

20 Apr 2021

Completed

20 Apr 2021

Alibaba completed a $350m investment in Trendyol.

Synopsis

Alibaba, a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology, completed a $350m investment in Trendyol, an e-commerce platform in Turkey. Alibaba increased its stake to 86.5% after the transaction.

Principals

target

TRENDYOL

bidder

Alibaba Group Holding

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Market Context

Dealmakers (20)

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Daniel Zhang

ManagerChairman and CEO at ALIBABA GROUP HOLDING LIMITED

Allison Dyer

PR ConsultantJunior Associate at Sard Verbinnen & Co

Carina Hinton

PR ConsultantJunior Associate at Sard Verbinnen & Co

Yali Chen

PR ConsultantJunior Associate at Sard Verbinnen & Co

Reze Wong

Reze Wong

PR ConsultantPartner at Sard Verbinnen & Co

John Christiansen

PR ConsultantManaging Director at Sard Verbinnen & Co

Roman Girn

PR ConsultantAssociate at Sard Verbinnen & Co

Yin Ai

PR ConsultantManaging Director at Sard Verbinnen & Co

David Reingold

PR ConsultantSenior Associate at Sard Verbinnen & Co

Cathy Teng

PR ConsultantJunior Associate at Sard Verbinnen & Co

Lucy Dao

PR ConsultantAssociate at Sard Verbinnen & Co

Liv Higgins

PR ConsultantJunior Associate at Sard Verbinnen & Co

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