Strategic investment from Getir to n11
Getir completed the preliminary negotiations to become a partner in the shopping platform n11 and started the comprehensive review process for partial acquisitions of n11’s shares. Getir, which has taken strategic steps abroad recently, will have made its biggest investment in Turkey with this transaction. Established in March 2013 under the umbrella of Doğuş Planet in partnership with Doğuş Group and SK Group, one of the largest groups in South Korea, n11 brings together more than 20 million products and more than 270 thousand business partners with more than 23 million users.
Getir, which delivers 1,500 products within minutes by working 24/7; also offers GetirYemek, GetirBüyük, GetirSu and GetirÇarşı services. In the first half of 2021, the company reached a valuation of 7 billion 555 million USD by receiving a total investment of close to 1 billion USD. In addition to Turkey, it provides service in 7 cities in the UK and in the Netherlands, Germany and France. Getir aims to start operations in Spain, Italy, Portugal and the USA by the end of the year.
