Tag: business news

Entrepreneurs
Turkiye’s rising fintech company Figopara secures $11 million investment

Figopara, a next generation financing platform from Turkiye, has secured major investment from international businesses, venture capitalists and financial institutions. The Istanbul-based fintech business has raised $11 million in their third round of funding. It adds to the $5,6 million investment they generated in an earlier series of funding. The latest investment means Figopara is […]

HP News
Grocery wholesaler Cyprofood to hold “shopping festival” on Saturday to celebrate its new Tottenham premises

The grand opening of Cyprofood’s new megastore takes place on Saturday, 1 October, and everyone is invited! The wholesaler will treat all its customers to a “carnival atmosphere” inside its spacious new Tottenham warehouse store, with food sampling stands, special shopping discounts, “gift products and treats.” One of North London’s most established grocery wholesalers, Cyprofood remains […]

HP News
Turkey’s Trendyol now valued at $16.5 billion after latest round of investment

Online retailer Trendyol has seen its value soar after raising $1.5 billion (£1.09 billion) in investment. Backed by Alibaba, Turkey’s biggest e-commerce platform is now valued at $16.5 billion, making it the first Turkish decacorn (a start-up company worth over $10 billion). The latest round of funding for Trendyol came from high-profile investors, led by US […]

HP News
Turkish grocery courier Getir is new Tottenham Hotspur FC sponsor

Tottenham Hotspur Football Club have announced a three-year partnership with Getir. The online grocery order and delivery platform becomes an ‘Official Global Partner’ of the North London club. Getir, which is Turkish for “bring”, provides an on-demand order service, guaranteeing to bring people their groceries “within minutes”. The “pioneer of ultrafast grocery delivery” also offers […]

HP News
JJ Foodservice hits record sales, exceeding pre-pandemic levels by 13%

JJ Foodservice has achieved the highest sales in its 33-year history, up 13% in May 2021 compared to the same period in 2019. The business – one of the UK’s largest grocery wholesalers – has remained open throughout the coronavirus pandemic, including the country’s three lockdowns. One of the key strategies it adopted was diversifying […]

HP News
Global sales for traditional Turkish kolonya treble in pandemic year

Demand for Turkey’s kolonya soared in 2020 after consumers worldwide sought easy and effective ways to disinfect their hands during the coronavirus pandemic. Exports of the traditional Turkish cologne increased three-fold, from 2.4 million tons in 2019 to 6.9 million tons last year, according to a report by the Anadolu Agency based on data from the […]