Figure of electric vehicle (EV) charging sockets in Türkiye exceeds 40,000, led by Istanbul The number of electric vehicle (EV) charging sockets in Türkiye rose to 40,575 in February, according to data from the Energy Market Regulatory Authority (EPDK). Total installed capacity at charging stations […]
EU’s proposal to Türkiye can help cost-saving in payments system The European Union (EU) proposed that Türkiye join its cost-saving payments system, in a move aimed at boosting economic integration and lowering the cost of cross-border money transfers. Jurgis Vilcinskas, EU Chargé d’affaires in Türkiye, […]
The selected startups will gain access to pilot project opportunities with Koç Holding companies Koç Holding selected four startups for the first cohort of its Climate Technologies Acceleration Program, launched in collaboration with Koç University Entrepreneurship Center (KWORKS). Following an evaluation process focused on water […]
Temu’s Turkish subsidiary, WhaleCo Turkey Teknoloji, will handle imports directly Temu resumed sales in Türkiye under a new import structure after briefly suspending cross-border shipments earlier this month. The halt followed a government move to end simplified customs procedures for goods valued below €30. During […]
Uber adds Getir’s food, grocery, retail and water delivery services to the portfolio Uber Technologies agreed to acquire Getir’s delivery operations in Türkiye, expanding its presence in the country’s fast-growing on-demand market. No financial terms of the deal have been announced. The deal covers Getir’s […]
After 7 years of shutdown, Spotify is coming back to Turkey Spotify announced to reopen its Turkey office in Istanbul in June, nearly seven years after shutting down its local operations. Spotify closed its Turkey office in 2018 and has since managed its operations for […]
Unfair competition claims against 10 platforms, including Airbnb and Expedia Türkiye’s leading tourism organization filed a lawsuit seeking to block access to several foreign travel and booking platforms, including Airbnb and Expedia, citing unfair competition and a lack of regulation. The Association of Turkish Travel […]
Sharp decline in Turkish startup investments and no Series C or later-stage investments were recorded during the year Venture capital (VC) investment in Turkish startups fell sharply in 2025, reflecting a broader slowdown across European tech markets as deal activity and funding sizes declined amid […]
Regulations revised in 2024 allowed duty-free imports for noncommercial goods worth up to 27 Euros per order, plus a 3-Euro shipping allowance Türkiye removed a 30-Euro ($35) duty-free allowance for noncommercial goods purchased from abroad via mail or express cargo, according to a presidential decree […]
Turkey owns 1,200 AI startups about 70% of which were founded after 2020 Turkey’s artificial intelligence (AI) ecosystem is expanding rapidly, fueled by a surge in global investment, a growing startup base and an increasingly influential diaspora, according to the Turkish Artificial Intelligence Ecosystem and […]
