Details for n11.com's IPO become clearer

news4 years ago464

We mentioned successful earlier weeks that Doğuş Group and South Korean SK Holdings were reviewing the nationalist offering of n11.com. According to Bloomberg's news, the 2 companies settled with Citigroup and Bank of America to reappraisal the IPO process. n11.com volition beryllium the archetypal e-commerce tract to beryllium traded successful BIST, successful lawsuit this nationalist offering is realized.

You mightiness callback that we inquired our resources astir the contented and received the reply that preparations were going connected for a agelong play of time, though the flotation was not clear. However, the caller accusation points retired that the nationalist offering of n11.com is present clear.

Doğuş Group and SK Holdings are considering the nationalist offering of n11.com and the income of number shares. It is indicated that income of n11.com's number shares mightiness beryllium performed earlier the nationalist flotation, portion the nationalist flotation mightiness beryllium either astatine Borsa Istanbul oregon overseas countries. Though it is not wide however the process volition beryllium realized, operations regarding the process are going connected for n11.com aft all.

Except for the enlargement of measurement wrong the increasing e-commerce market, n11.com that started its operations successful 2013 is moving connected expanding its merchandise assortment with services specified arsenic N11 Pro and n11faturam.  Being 1 of the archetypal implementers of 11.11 successful Turkey, during the past 2 years, n11 ceased to marque peculiar data-sharing circumstantial for the date. Moreover, the website failed to relation for an extended play of clip during the 11.11 of twelvemonth 2019.

Source: https://webrazzi.com/en/2020/02/26/n11-com-ipo/