|Acquired by||MIH Allegro|
|Description||Online Fashion and Lifestyle Company|
|Series A, 3/2010 ||$7.5M|
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.