Amazon.com Inc said on September 19 that it has launched activities in Turkey.
The largest internet retailer in the world, which earlier this month became the second company in history, behind Apple Inc, to hit a market cap valuation of $1 trillion—roughly 5% of US GDP—added that it was offering products to customers in Turkey across 15 categories.
“We are committed to building our business in Turkey in the coming months by expanding our selection and delivery options,” Sam Nicols, country manager for Amazon.com.tr said in a statement.
Separately, it was reported by Turkish media outlets that President Recep Tayyip Erdogan was on September 19 scheduled to meet around 30 executives of US companies that operate in Turkey at the presidential palace in Ankara.
In late July, Erdogan, newly elected as Turkey’s first ever executive president with sweeping powers, said that Turkey stood ready to arrange conditions for international investors in every way and that his office would start dealing with big potential investors directly.
Exclusive units were being set up under the presidential office to handle potential investments, he added.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Articles
Turkmen dissident bloggers released from Turkish detention centres go missing, HRW fears secret expulsions to homeland
Two Turkmen dissident bloggers have been missing since July 24, when they were reportedly released from ... more
Renewables could power 80% of data centres, Goldman Sachs says
Renewables can supply the vast majority of power required for the growing demand of energy needed to operate data centres, research by Goldman Sachs published on January 23 revealed. Power demand ... more