Pabbuc.com closed down

Pabbuc.com, founded by Serdar Yaman and gained investment from Gittigidiyor founders, officially announced that it stopped operations. The official statement was, “We have stopped our sales operations as of 30 November 2012 for an indefinite time.”  The startup was started in 2005, and had been a good example of shoes vertical for 7 years; so [...]

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Yemeksepeti receives $44m investment from General Atlantic

We had written about investment meetings for Turkey’s leading online food order service Yemeksepeti in July. And last week, we told that the investment got resulted and it would be announced today. Finally today is the day and Yemeksepeti announced more information about investment it hasn’t shared yet. It was announced that Yemeksepeti has received investment [...]

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Meta Games’ first game Bhalamir: Prologue is at App Store

The first game of mobile gaming company Meta Games with founders Mehmet Ecevit ile Yağmur Hakan Boğa (founding partners of Sanalika), Bhalamir: Prologue is at App Store as of today. The game, which has been developed for past few months, is classic hero story from old ages. Our character is Bhalamir, and we are trying to rescue [...]

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Peak Games Grows in the Middle East and Acquires Kammelna

We have been writing both investment and acquisition news about Peak Games from the day it started, and the company lastly bought a Saudi Arabia gaming company. The social gaming company, Kammelna, has 4 million active users with Baloot, a local card game. With this acquisition, Peak Games grew stronger in MENA, while the figure Peak [...]

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Webrazzi Database: Turkey Internet ecosystem, all on one address

Many of our readers had been looking forward to a database that will have all Turkey internet market in one place, and they had shared their expectations with us for this kind of service from time to time. We have met their expectations, and made Webrazzi Database, or Webrazzi VT, the information source with data of companies and people [...]

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ArcadeMonk receives investment from 212 Capital Partners

We have published news of two 212 Capital Partners investments last week, and it has announced its third investment for ArcadeMonk. With founders Ömer Bilge Ersoy and Alemşah Öztürk, ArcadeMonk launced its first game Kebap Dünyası (World of Kebab) last year, and got silent afterwards. Ömer Bilge Ersoy says there are 11 million social gamers [...]

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Sporcum.com receives second round investment from Tiger Global and Emre Kurttepeli

Last week  Webrazzi E-Commerce’12 Conference hosted many speakers and one of them was Sporcum.com, which got its second round investment from Tiger Global and Emre Kurttepeli. The investment was completely transferred to the company, while share percentages are the same following the second round. Official records show Tiger Global holds 68.31%, Emre Kurttepeli holds 29.11%, GM Ahmet Abamor holds 1.59% and CTO M. [...]

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212 Capital Partners Makes First Investment in Butigo.com

We had 212 Capital Partners into our radar first with its founders’s individual investments in Hazinem.com. The partnership just announced they have made their first investment as a company in Butigo.com. Started by Gizem Yasa, Harun Güner and Berk Alevi, Butigo.com is a e-commerce site selling shoes, bags and accessories to fashion enthusiasts. Press release contained no data on the amount of investment or [...]

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Mikro Ödeme receives investment from Mediterra Capital

One of the major Turkish mobile payment services, Mikro Ödeme, has received investment from Mediterra Capital. Information on the amount has not been shared with us yet, but it was announced that Mediterra Capital has acquired majority shares of Mikro Ödeme. The management of the company will be the same after the acquisition, while Alper Akcan [...]

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Webrazzi Almanac 2011

2011 has been a year with major advances for Turkish internet industry. Apart from foreign investors’ great interest in Turkish market, Gittigidiyor acquisition by eBay and Markafoni acquisition by Naspers as majority shareholder have been significant milestones for the industry. Kleiner Perkins Caufield & Byers investment of 26 million dollars in Trendyol and Amazon investment in ÇiçekSepeti [...]

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