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Acquired byMIH Allegro
Date7/2011

General Information

Offices

HQ Istanbul
Ertugrul Gazi Cad. 4
Kücükköy
Istanbul, TUR

People

Co-founder
CEO, Chairman and Co-Founder
CFO and Co-Founder

Funding

TOTAL $7.5M
FUNDING TOTAL $7.5M
Series A, 3/2010
$7.5M

Tags

Markafoni

Markafoni, founded in 2008, is an online fashion and lifestyle company based in Turkey. It offers a branded product portfolio that includes accessories, cosmetics, sporting goods, toys, electronic appliances, apparel, shoes and home decor. Markafoni gained fame due to its weekly flash sales, which offer discounts of over 90% on international brands.

From 2009 through 2011, the company expanded its scope by launching other private shopping sites such as brandsexclusive.com.au in Australia; modnakasta.ua in Ukraine; and brandsgalaxy.gr in Greece.

At present, Markafoni is a global enterprise serving a massive customer base of 6 million users and selling over 800,000 products monthly by working in collaboration with 1,200 international fashion brands.

Markafoni operates in a 25,000 square meter logistics center which houses a capacity of 70,000 package deliveries per day and a storage capacity of over 2 million products.

Recent Milestones

  • Check
    Markafoni — Fakir Steam Mop Buharlı Yer Temizleyicisi, evinizde mükemmel hijyen ve temizlik sağlar. Evım net ile 270 TL yerine sadece 169,90 TL. (4/1/14)
    Posted 3/30/10 at 11:31pm via avmalisverissitesi.com
  • Handshake
    Markafoni was acquired by MIH Allegro. (7/7/11)
    Posted 7/7/11 at 5:23am via techcrunch.com
  • Check
    Markafoni — Markafoni Plaza opened (1/1/11)
    Posted 5/7/11 at 1:19pm
  • Check
    Markafoni added Sina Afra as CEO, Chairman and Co-Founder. (4/1/10)
    Posted 5/2/09 at 1:29am
  • Check
    Markafoni added Ahmet Sari as CFO and Co-Founder. (4/1/10)
    Posted 5/2/09 at 1:29am
  • Dollar
    Markafoni received $7.5M in Series A funding. (3/15/10)
    Posted 3/30/10 at 11:40pm

Videos

Screenshots

Markafoni screenshot
Above: Home page
Uploaded: 8/8/11

Sources

  1. Naspers values Turkish ecommerce giant markafoni at $200 million, buys 70% stake (eu.techcrunch.com) [edit]
  2. Citation Needed [add]
  3. FAKİR STEAM MOP BUHARLI YER TEMİZLEYİCİSİ (avmalisverissitesi.com) [edit]
    Citation Needed [add]
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Last Edited 2/24/14

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