Trendyol riding the wave of Turkish e-commerce growth

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Trendyol, launched by an HBS dropout only 6 years ago, is now Turkey’s largest flash sales e-retailer. With 20 million sales a year, annual run-rate of almost $350 million and backing from top international venture investors (Tiger Global Management, Kleiner Perkins Caufield & Byers and the European Reconstruction and Development Fund), it is hard to ignore. What’s more, Trendyol still has plenty of room to grow by riding the wave of growing e-commerce in Turkey (growing at 22% over the last five years), which currently accounts for only 2% of all retail sales.

SweepSouth: The Uber for domestic cleaning

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In a market where households make frequent use of domestic cleaning services, SweepSouth has simplified the process of identifying reliable domestic workers. While the story has been positive thus far, can this business model scale?