Trendyol Group, Baykar CEO Haluk Bayraktar, ADQ and Ant International signed a strategic partnership agreement

Trendyol , Turkey 's leading e-commerce platform; Haluk Bayraktar, CEO of Baykar, the world's largest unmanned aerial vehicle manufacturer; ADQ, a United Arab Emirates-based investment fund; and Ant International, a leading provider of digital payment systems and financial technologies, have signed a letter of intent (MoU) to establish a next-generation financial technology platform for the Turkish market. Attendees at the signing ceremony included Çağlayan Çetin, Trendyol Group Chairman; Erdem İnan, Trendyol Group CEO; Haluk Bayraktar, Baykar CEO; Michael Evans, Alibaba Group President; Mansour AlMulla, Vice Chairman of the ADQ Group Executive Board; and Yi Zhou, Ant International CFO.

With this strategic collaboration, a platform will be developed that will offer a wide range of integrated financial services, from retail and SME financing to deposit and investment products, from digital payment systems to insurance transactions, by bringing together different expertise in areas such as e-commerce, financial technologies, traditional and digital banking, cybersecurity, and artificial intelligence. This new initiative, which will integrate artificial intelligence and financial technologies developed in Türkiye, will simplify access to finance for individuals and small businesses. The platform is expected to launch in the coming months following approval from official institutions.

ÇAĞLAYAN ÇETİN: "THIS COOPERATION WILL BE AN EXEMPLARY MODEL"

Trendyol Group President Çağlayan Çetin stated at the signing ceremony, "We believe this collaboration will accelerate the digital transformation of the Turkish economy and create an exemplary model for technology-based financial solutions. Thus, with our strong data analysis capabilities, we aim to strengthen the e-commerce and e-export potential of companies, especially our 250,000 sellers, by making financial services more accessible and making sustainable and lasting contributions to the national economy."

**HALUK BAYRAKTAR: "WE WILL CREATE A COMPLETELY DOMESTIC FINANCIAL TECHNOLOGY INFRASTRUCTURE BASED ON HIGH STANDARDS IN RISK MANAGEMENT AND SECURITY ISSUES."

Baykar CEO Haluk Bayraktar stated that they are partners in this partnership to provide added value to the financial technologies sector by combining Baykar's world-class artificial intelligence and cybersecurity competence with Trendyol's e-commerce experience and Ant's world-class fintech know-how. He added in his statement: “Artificial intelligence now serves as a bridge between sectors, bringing different fields together on a common ground. With this partnership, we are combining Baykar's artificial intelligence solutions and robust infrastructure with Trendyol's broad user base and experience in financial technologies. Our goal is to develop faster, more reliable, and more accessible solutions for everyone. We will create a completely domestic financial technology infrastructure based on high standards in risk management and security. I hope this important step will strengthen the National Technology Initiative. I thank all our contributing teams.”

**MICHAEL EVANS: "Türkiye WILL BE PROVIDED A VERY VALUABLE INVESTMENT"

Alibaba Group Chairman Michael Evans, speaking at the ceremony, said, “This strategic partnership, which demonstrates our confidence in Türkiye, will provide Türkiye with a valuable investment and an innovative financial technology platform. We believe that the innovative, reliable, and accessible digital financial services that individual and corporate customers in Türkiye will access will add significant value not only to users' daily lives but also to the sustainable growth of the Turkish economy and the development of the financial ecosystem.”

**MANSOUR ALMULLA: "I BELIEVE WE HAVE MADE ONE OF THE REGION'S MOST IMPORTANT INVESTMENTS IN FINANCIAL TECHNOLOGY"

Mansour AlMulla, Executive Vice President of ADQ Group, said, “Türkiye's dynamic economy and growing digital landscape continue to present significant opportunities for all sectors. This collaboration reflects our shared goal of developing innovative financial solutions that will contribute to Türkiye's digital transformation by bringing together strong partners with complementary competencies.”

Yi Zhou: “Türkiye has a very valuable place in our global digital ecosystem.” Yi Zhou, CFO of Ant International, stated in his speech: “With its young, digitally oriented population and advanced e-commerce sector, Turkey holds a valuable place in our global digital ecosystem. We are excited to develop comprehensive digital financial solutions for this dynamic digital economy, leveraging our cutting-edge technologies, particularly artificial intelligence and blockchain, with partners who share similar perspectives.”

About Trendyol Group

Founded in 2010, Trendyol is Türkiye's leading e-commerce platform and one of the world's leading. Trendyol connects 250,000 sellers with 40 million customers through local-language applications in Turkey, Germany, Azerbaijan, the Gulf States, Romania, the Czech Republic, Slovakia, Poland, Hungary, Bulgaria, and Greece.

About Baykar

Baykar is a company that maintains its leadership in unmanned systems and high-technology development on a global scale. As of 2025, it has established a strong position in the international market with exports to 36 countries. Its high-performance, AI-based autonomous technologies maximize operational efficiency and user experience. Expanding the boundaries of technology and innovation with its national and unique solutions, Baykar continues its R&D efforts with an innovative vision, contributing to global digital transformation.

About ADQ

Founded in 2018, ADQ is an investor focused on critical infrastructure and global supply chains. As a strategic partner of the Abu Dhabi Government, ADQ invests in the growth of Emirati startups, delivering local value and long-term financial returns to its shareholders. ADQ's total assets reached US$251 billion as of December 31, 2024. Its rapidly expanding portfolio includes companies operating in many key sectors of the economy, including energy and utilities, transportation and logistics, food and agriculture, healthcare and life sciences, financial services, infrastructure and critical minerals, real estate investments, and sustainable manufacturing.

About Ant International

Headquartered in Singapore and operating in Asia, Europe, the Middle East, and Latin America, Ant International is one of the world's leading global providers of digital payments, digitization, and financial technologies. Working in partnership with private and public sector stakeholders, Ant International supports financial institutions and businesses of all sizes in achieving their inclusive growth goals through its integrated technology-finance platform. The company enables end-to-end digital transformation with its innovative digital payment and financial services solutions.