Latest news with #Trendyol
Zawya
17-07-2025
- Business
- Zawya
Trendyol, Baykar CEO, ADQ and Ant International to develop fintech platform in Turkey
ANKARA: Turkey's Trendyol Group, Baykar CEO Haluk Bayraktar, Abu Dhabi's sovereign fund ADQ and Ant International have agreed to explore a potential joint fintech venture offering digital financial services in Turkey, the companies said on Wednesday. The four parties signed a memorandum of understanding to form a platform that would provide services including digital payments, loans, deposits, investments and insurance. The launch would be subject to regulatory approvals. The companies said the platform would target individuals and small businesses, with a particular focus on Trendyol's network of sellers. "The project aims to combine Trendyol's e-commerce infrastructure, Baykar's AI and cybersecurity tools and Ant's experience in financial technology," a statement said. Bayraktar, best known for leading Turkey's top drone manufacturer, said the initiative would rely on domestic infrastructure and aim for high security standards. Alibaba Group President Michael Evans, representing Trendyol's main investor, said the partnership reflected interest in Turkey's digital economy while ADQ's deputy CEO, Mansour AlMulla, cited the country's growth potential in the sector. Ant International said Turkey's large and digitally active population made it a significant market. The companies did not disclose an expected investment size. (Reporting by Ebru Tuncay in Ankara, Writing by Ece Toksabay; Editing by Matthew Lewis)
The Star
16-07-2025
- Business
- The Star
Trendyol, Baykar CEO, ADQ and Ant International to develop fintech platform in Turkey
FILE PHOTO: Haluk Bayraktar, CEO of Turkish drone-maker Baykar, poses before an interview with Reuters at SAHA EXPO Defence & Aerospace Exhibition in Istanbul, Turkey, October 27, 2022. REUTERS/Umit Bektas/File Photo ANKARA (Reuters) -Turkey's Trendyol Group, Baykar CEO Haluk Bayraktar, Abu Dhabi's sovereign fund ADQ and Ant International have agreed to explore a potential joint fintech venture offering digital financial services in Turkey, the companies said on Wednesday. The four parties signed a memorandum of understanding to form a platform that would provide services including digital payments, loans, deposits, investments and insurance. The launch would be subject to regulatory approvals. The companies said the platform would target individuals and small businesses, with a particular focus on Trendyol's network of sellers. "The project aims to combine Trendyol's e-commerce infrastructure, Baykar's AI and cybersecurity tools and Ant's experience in financial technology," a statement said. Bayraktar, best known for leading Turkey's top drone manufacturer, said the initiative would rely on domestic infrastructure and aim for high security standards. Alibaba Group President Michael Evans, representing Trendyol's main investor, said the partnership reflected interest in Turkey's digital economy while ADQ's deputy CEO, Mansour AlMulla, cited the country's growth potential in the sector. Ant International said Turkey's large and digitally active population made it a significant market. The companies did not disclose an expected investment size. (Reporting by Ebru Tuncay in Ankara, Writing by Ece Toksabay; Editing by Matthew Lewis)
CNA
16-07-2025
- Business
- CNA
Trendyol, Baykar CEO, ADQ and Ant International to develop fintech platform in Turkey
ANKARA :Turkey's Trendyol Group, Baykar CEO Haluk Bayraktar, Abu Dhabi's sovereign fund ADQ and Ant International have agreed to explore a potential joint fintech venture offering digital financial services in Turkey, the companies said on Wednesday. The four parties signed a memorandum of understanding to form a platform that would provide services including digital payments, loans, deposits, investments and insurance. The launch would be subject to regulatory approvals. The companies said the platform would target individuals and small businesses, with a particular focus on Trendyol's network of sellers. "The project aims to combine Trendyol's e-commerce infrastructure, Baykar's AI and cybersecurity tools and Ant's experience in financial technology," a statement said. Bayraktar, best known for leading Turkey's top drone manufacturer, said the initiative would rely on domestic infrastructure and aim for high security standards. Alibaba Group President Michael Evans, representing Trendyol's main investor, said the partnership reflected interest in Turkey's digital economy while ADQ's deputy CEO, Mansour AlMulla, cited the country's growth potential in the sector. Ant International said Turkey's large and digitally active population made it a significant market. The companies did not disclose an expected investment size.
Reuters
16-07-2025
- Business
- Reuters
Trendyol, Baykar CEO, ADQ and Ant International to develop fintech platform in Turkey
ANKARA, July 16 (Reuters) - Turkey's Trendyol Group, Baykar CEO Haluk Bayraktar, Abu Dhabi's sovereign fund ADQ and Ant International have agreed to explore a potential joint fintech venture offering digital financial services in Turkey, the companies said on Wednesday. The four parties signed a memorandum of understanding to form a platform that would provide services including digital payments, loans, deposits, investments and insurance. The launch would be subject to regulatory approvals. The companies said the platform would target individuals and small businesses, with a particular focus on Trendyol's network of sellers. "The project aims to combine Trendyol's e-commerce infrastructure, Baykar's AI and cybersecurity tools and Ant's experience in financial technology," a statement said. Bayraktar, best known for leading Turkey's top drone manufacturer, said the initiative would rely on domestic infrastructure and aim for high security standards. Alibaba Group ( opens new tab President Michael Evans, representing Trendyol's main investor, said the partnership reflected interest in Turkey's digital economy while ADQ's deputy CEO, Mansour AlMulla, cited the country's growth potential in the sector. Ant International said Turkey's large and digitally active population made it a significant market. The companies did not disclose an expected investment size.
India.com
21-06-2025
- Lifestyle
- India.com
Winter in Style: 4 Must-Have Overcoats on Myntra This Season
Myntra has emerged as the fashion destination of choice of millions of Indians seeking quality, style and pocket-friendly prices. Just when the winter season approaches, Myntra counters in with a well-edited assortment of outerwear that is as comfortable as it is fashionable. A perfect overcoat is your ally in case you are going to work, to brunch, or even to walk out in the cold. StyleCast x Revolte – Women Solid Notched Lapel Overcoat Image source - Order Now The StyleCast x Revolte overcoat is classic, clean, and confidently stylish. With a sharp notched lapel and solid color, it gives you that structured winter look that's both versatile and timeless. Ideal for office days or elegant outings. Key Features Structured design with a notched lapel Solid, versatile color Tailored finish for a formal edge Warm yet lightweight Goes with both jeans and trousers May feel a bit formal for super casual outfits Trendyol – Shawl Collar Double-Breasted Overcoat Image source - Order Now This Trendyol double-breasted overcoat is all about chic and cozy. The shawl collar makes it soft and graceful and the double-breasted buttons make it bold and classic. An ideal winter basic in case you are a fan of easy layering. Key Features Soft shawl collar design Double-breasted front for warmth and style Medium-weight material for comfort Great layering piece Elegant fit for smart-casual wear May not suit petite frames due to bulkier collar All about you – Regular Fit Overcoat with Waist Tie-Up Image source - Order Now This all about you overcoat is a warm piece with a bit of the feminine touch. The waist tie up gives your figure a good shape and the regular fit can be layered with something underneath. It is the most appropriate coat when one desires to be elegant and still be comfortable. Key Features Belted waist tie-up for flattering shape Regular fit allows layering Soft fabric for daily wear Feminine, elegant aesthetic Great for casual and semi-formal occasions Not the warmest option for extremely cold climates KPOP – Single-Breasted Longline Overcoat Image source - Order Now KPOP longline overcoat by KPOP features a bold modern fit which is sleek and powerful. It has a single-breasted closure and a slim design, which makes it look polished and minimal and matches any winter ensemble. Key Features Longline cut for added coverage Single-breasted design for simplicity Clean, structured silhouette Lightweight yet cozy Ideal for urban or professional wear Longline length may overwhelm shorter heights The thing about a great winter overcoat is that it is never really about keeping warm it is about how you continue to wear your style into the winter. Myntra offers you an outerwear combination which is versatile and fits all your requirements, be it office wear, weekend brunch or a casual outing. Myntra has a great selection so you can bet that there is something there that will fit your body, your style and your plans this winter. Whether it is reliable brands, quick delivery, and seasonal offers, shopping on Myntra is convenient and pleasing. And hence do not merely layer, layer with style. Make this winter your most stylish one yet. Disclaimer: At IDPL, we help you stay up-to-date with the latest trends and products. It should not be construed as an endorsement to buy. IDPL may make a very small commission from its sale if one chooses to buy the product from any of the links in this article.
