General Atlantic, a leading global growth equity firm, has co-led a USD 1.5 billion funding round alongside SoftBank Vision Fund 2, as well as Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority for Trendyol, Turkey’s leading e-commerce platform. The funding round makes Trendyol the only “decacorn” in Turkey, valuing Trendyol at USD 16.5 billion.

Paksoy is pleased to announce that a team led by Elvan Aziz (partner) together with Hazal Korkmaz (senior associate) and Yeşeren Sözüer, LL.M. (associate) acted as Turkish counsel to General Atlantic on this transaction.

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