N11.com

Overview
Ecommerce Platforms?
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Seed
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Online Marketplace Operators
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N11.com is an ecommerce platform based in Istanbul, Turkey, owned by Doğuş Planet, a subsidiary of Doğuş Group in partnership with South Korea's SK Group. Launched in June 2012, N11.com operates as an open marketplace that connects thousands of brands and retailers with millions of customers. The platform offers a vast product catalog spanning electronics, apparel, home goods, and more, catering to diverse needs and preferences. N11.com emphasizes trust, convenience, and collaboration, providing a seamless shopping experience for customers and fostering ecommerce growth for its sellers.

N11.com's business model revolves around facilitating transactions between buyers and sellers on its platform. As of April 2021, the website boasted approximately 15 million registered members and generated billions of Turkish lira in annual sales volume. The company places a strong emphasis on customer satisfaction, offering highly discounted coupons and a wide range of products to choose from.

In March 2020, N11.com unveiled its new 1,650 square meter office space in Istanbul, designed to prioritize employee comfort and psychology. The office incorporates elements of art and architecture, with meeting rooms featuring works by renowned artists like Salvador Dali, Vincent van Gogh, and Andy Warhol. This unique approach aims to reduce technological stress and foster creativity during meetings.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Sariyer TUR
Founded year:
2012
Employees:
251-500
IPO status:
Private
Total funding:
USD 50.0 mn
Last Funding:
USD 50.0 mn (Seed; Aug 2021)
Last valuation:
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Company profile
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