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Alibaba announced on June 28 that it had bought the Turkish ecommerce company Trendyol. However, the Competition Authority for such a purchase, according to the rules of competition in Turkey (RK) was supposed to play.
Competition Authority, the purchase by Trendyol Alibaba yesterday with a statement released on the official website announced that the process of approval. [19659002] The explanation issued by the Competition Authority regarding the sale transaction is as follows:
"The sole control of DSM Group Consultancy Communication and Sales Co. Inc. was authorized to be taken over by Alibaba.com E-Commerce Private Limited "
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