eBay Acquires Turkish Marketplace GittiGidiyor
eBay is announcing the acquisition of Turkish auction marketplace GittiGidiyor. The deal follows eBay’s acquisition of a minority stake in the company in 2007. With the new investment, eBay now owns approximately 93% of the outstanding shares of GittiGidiyor. Terms of the deal were not disclosed.Launched in, 2001, GittiGidiyor has more than 6.4 million registered users. GittoGidyor is essentially an eBay clone, but localized for the Turkish market. The business also includes a mandatory escrow service for payments between buyer and seller. GittiGidyor’s largest categories are Fashion and Consumer Electronics. In addition to eBay, the company previously raised capital from iLab Ventures, founded and led by Mustafa E. Say.
FOCUS Brands Inc., the owner of Carvel ice cream and Cinnabon, will add 50 locations this year to its fastest growing chain, Moe’s Southwest Grill, and expand into Turkey as the global recession recedes.
Teaneck, NJ - After learning the secrets of Turkish cuisine, his dream was always to open a restaurant. He was a very talented and hard working man who looked for a bright future for himself. After working eight years in various Turkish restaurants as a head cook, he changed his career from the culinary arts to the sea. Being a sailor was joyful job as a young man and he worked 10 years from port to port in different countries. He traveled to over 40 countries, even though he did not like any of them, and experienced diverse cultures, but he was still seeking a challenge. 
As the Internet continues to become an ever-bigger part of our lives, security concerns are increasing. The world’s second biggest Internet security company belongs to a Turkish businessman from Hatay, Melih Abdulhayoğlu. He is the owner of Comodo, which has 700 employees in five offices around the world and an annual growth rate of 50%. We are proud and pleased that his first interview in the Turkish media has been given to TURKOFAMERICA. 
Approximately 4.1 million babies are born in the United States every year. With a ratio of 2.1 children per woman, the birth rate is higher in the US than in Europe and Canada. According to the National Census Report of 2000, the number of immigrants’ children who were born in the US is 28.4 million. 
According to Business Monitor International forecasts, the mining industry in Turkey is expected to grow by 71.3% between 2009 and 2013. The industry is expected to reach a value of US $12.76 billion by 2013. Currently there are 20-25 mining companies from Canada, the U.S., the UK and Australia operating in Turkey. 
While Turkey is among the five greatest markets in the gold jewelry sector along with India and USA, it is also competing with Italy in the production field. According to a report by the Exports Promotion Center of Turkey, although Turkey has a goldsmithing capacity of 400 tons annually it only produces 250-300 tons of gold jewelry. Turkey has a place among the first three leading gold jewelry producers in the world, with India and US being the other two. 
As Ferrous and Non-Ferrous Metals Exporters' Association prepared their strategy in 2009, the industry’s share of Turkey’s total exports was 4.2%. They are aiming to reach a level of 5.5% in 2023. To achieve this target, Istanbul Ferrous and Non-Ferrous Metals Exporters' Association's board have established sub-sector committees in such areas as aluminum, copper, and kitchenware. Hayrettin Cayci, Deputy Chairman of Istanbul Ferrous and Non-Ferrous Metals Exporters' Association, talked to TURKOFAMERICA. 
In the last five years, Turkey's chemical industry exports have increased by an average annual rate of 5%. These exports make up 5.7% of Turkey’s total exports . The industry exported 4.9 billion in 2008 and this increased by 7.5% in 2009, reaching 5.2 billion dollars. On the other hand, Turkey's chemical industry imports totalled $20 billion in 2009, falling by 21 percent when compared the previous year. 
A Syracuse-based business incubator funded by the New York State Energy Research and Development Authority (NYSERDA) today released the first comprehensive directory created to connect emerging clean technology companies with resources in Central New York that can help develop, grow, and retain businesses in this growing sector. The Clean Tech Asset Guide was published by the Clean Tech Center, a program of the Greater Syracuse Chamber of Commerce located at the Tech Garden in downtown Syracuse. 
