Dubai investment firm acquired 25% of Turkish ecommerce site for $100 million
Dubai-based investment firm Abraaj Group has acquired 25 percent of Turkish online firm Hepsiburada.com for $100 million.
Established in 1998, Hepsiburada offers 500,000 products in more than 30 different categories. It is the most visited online retail site in the country, with over 1.5 million unique customers a year and more than 14 million unique monthly visitors.
Abraaj Group is listed in the Middle East Investors Directory with the code OR01.
More details follows:
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