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April 04, 2006
Turkish eBay Clone Attracts VC
iLab Ventures, has invested an undisclosed amount in GittiGidiyor.com, a Turkish consumer online auction company.
GittiGidiyor seems to do well in the Alexa rankings, and according to the press release, the auction site has 500,000 registered members, close to 300,000 daily visitors and over 200,000 daily auction opportunities.
We don't get many deals from Turkey at the alarm:clock euro, so we did a llittle research and found that iLab has several stakes in Internet business, including a vertical exchange for the chemical industry, ChemOrbis, with focus on plastics. The SteelOrbis Turkish steel e-marketplace was launched in May 2002. It also has Kariyer, as the name says it is a job search portal, and Sigortam.net, which appears to be an insurance policy site, among others.
Read - iLAB invests (online recruitment)
Posted on April 4, 2006 11:30 AM | Posted to Venture Capital | eCommerce | Permalink
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