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Alibaba last week acquired a majority stake in Turkish fashion-focused e-commerce company Trendyol; sources say the deal was for at least $750M (Dan Primack/Axios)

Dan Primack / Axios:
Alibaba last week acquired a majority stake in Turkish fashion-focused e-commerce company Trendyol; sources say the deal was for at least $750M  —  Turkey is making news for all the wrong reasons, with the latest being a proposed boycott of U.S. electronic goods like iPhones.



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