Alma mater Boğaziçi University | Organization founded Yemeksepeti | |
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Occupation Internet entrepreneur, businessperson, angel investor, mentor Similar Muharrem Usta, Ersun Yanal, Melih Odemis, Sadri Şener | ||
Arka koltuk nevzat ayd n 25 aral k 2016
Nevzat Aydın is a Turkish internet entrepreneur, angel investor and a mentor. Aydın is the co-founder and global CEO of Yemeksepeti, the leading online food delivery portal in Turkey.
Contents
- Arka koltuk nevzat ayd n 25 aral k 2016
- Yemeksepeti ofis turu yemeksepeti ni nevzat ayd n kendi ofisinde anlat yor
- Yemeksepeti career
- Investments received by Yemeksepeti
- Foreign operations
- Exit and profit share
- Public intellectual work
- Honors and awards
- References
During his lead in 2015, Yemeksepeti was acquired by the German-based Delivery Hero for $589 million (£378 m), which was the biggest valuation ever yet in Turkish internet history. He was among the 150 entrepreneurs invited from all around the world to the Entrepreneurship Summit held by USA President Barack Obama in April, 2010. Aydın also was one of the juries/investors in Dragon's Den TV show In 2013 and 2015, Aydın was named number one on Fortune's 40 Under 40 List.
Yemeksepeti ofis turu yemeksepeti ni nevzat ayd n kendi ofisinde anlat yor
Yemeksepeti career
Professional career of Nevzat Aydın started with Yemeksepeti the first online food ordering company in Turkey, providing the facility to place food orders on-line from an affiliated network of restaurants without charging the user any extra fees. Aydın founded the company with Melih Odemis (Chief Technology Officer), Cem Nufusi (Sales Director) and Gokhan Akan (Chief Financial Officer), and has been the Chief Executive Officer of the company since then.
When Aydın and the team started the business in 2001, internet penetration was very low in Turkey. Yemeksepeti did not make any profit for the first 5 years, but with a strong focus on customer experience and the convenience of the business model, they managed to convince the users and the restaurants to benefit from the huge potential of internet.
In accordance with the vision of Aydın, Yemeksepeti has continuously integrated newest technologies and adopted global standards for customer experience. The company started to invest in mobile infrastructures in 2010 and activated Online Credit Card feature in 2013.
Investments received by Yemeksepeti
Yemeksepeti had its first round of investment and agreed to be partners with European Founders Fund, in 2008. In 2012, Yemeksepeti announced a $44 million investment led by global growth investor General Atlantic (GA), which acquired a minority stake in the company, and represented GA's first investment in Turkey.
Foreign operations
Yemeksepeti entered the GCC region by launching out Foodonclick.com in The United Arab Emirates in 2009, starting in Dubai then extending to Abu Dhabi and Sharjah in the same year. Before the acquisition by Delivery Hero in 2015, Yemeksepeti was active in 10 countries including United Arab Emirates, Saudi Arabia, Lebanon, Oman, Qatar, Jordan, Greece, Bulgaria and Romania.
Exit and profit share
In May 2015 Yemeksepeti was sold to the German-based Delivery Hero for $589 million (£378 m). It was yet the biggest internet acquisition of the Region. Founder Aydin paid out $27 million to 114 workers as a profit-sharing bonus. The bonus decision received international coverage by prominent news channels such as Time, CNN, Independent, with the Aydın's quotation of, "Yemeksepeti's success story did not happen overnight. I believe in team work and I believe success is much more enjoyable and glorious when shared with the rest of the team".