Girişimci Kafası archive

E-commerce

E-commerce: the closure stories and lessons of 70 startups.

Startups1,686
Known capital burned$31.2 billion
Average lifespan10.3 years
Most common causeBusiness model failed
Countries81
Biggest lossArgo AI ($3.6 billion)

70 startups

Closed2013 – 2023

Boxed

The online retailer that delivered bulk-size goods to the door without a membership fee

United States$243 millionRan out of cash
Closed2020 – 2023

Mevsimi

The Turkish start-up that brought seasonal fruit and vegetables straight from growers to the door, with no mid

TurkeyMacroeconomic crisis
Closed2011 – 2023

Morhipo

Boyner Holding's fashion site that brought new-season products and promotions together in one place

TurkeyBusiness model failedCorporate product
Closed2009 – 2023

Zulily

The e-commerce site offering mothers daily flash sales on children's products

United StatesAcquired and shut down
Closed2017 – 2022

Gönder

A grocery platform that brought neighbourhood shopkeepers' goods to the door through online ordering and deliv

TurkeyLost to competitors
Closed2010 – 2022

Yakala.co

The Turkish daily-deals site, backed by Hürriyet, that stood out for its witty voice

TurkeyBusiness model failed
Closed2015 – 2022

Zilingo

A marketplace and B2B platform digitising fashion sellers and the supply chain in Asia

Singapore$308 millionTeam problems
Closed2016 – 2020

Brandless

The unbranded everyday-essentials start-up that sold every product for $3

United StatesBusiness model failed
Closed2014 – 2020

Jet.com

The online retailer that took on Amazon on price, then was bought and shut down by Walmart

United States$820 millionAcquired and shut down
Closed2008 – 2019

Markafoni

The discount fashion site that popularised invitation-only private shopping in Turkey

TurkeyBusiness model failed
Closed2011 – 2018

1V1Y (Bir Varmış Bir Yokmuş)

The private shopping site set up jointly by some of Turkey's best-known retail brands

TurkeyMacroeconomic crisis
Closed2006 – 2018

BuldumBuldum.com

An e-commerce site selling personalised products and quirky gifts

Turkey$6 millionRan out of cash
Closed2017 – 2018

Setmoda

The fashion site that suggested outfits to match the shopper's mood and sold them as sets

TurkeyLost to competitorsCorporate product
Closed2011 – 2017

Butikbebe.com

The Turkish private shopping site selling products for mothers, mothers-to-be and babies through campaigns

TurkeyBusiness model failedCorporate product
Closed2011 – 2016

Annelütfen

A vertical e-commerce site selling mother, baby and children's products, which also tried a subscription model

Turkey$4 millionBusiness model failed
Closed2004 – 2016

Bilio.com (Ucuzu.com)

A price comparison site born as Ucuzu.com that was renamed Bilio under Naspers

TurkeyBusiness model failed
Closed2012 – 2016

incir.com

The platform that let anyone open a virtual shop in a few clicks and sell on commission without holding stock

TurkeyRan out of cash
Closed2010 – 2016

İndirdik.com

The Turkish deals site selling quirky products at a discount, first known as Bendeİstiyorum.com

TurkeyBusiness model failed
Closed2012 – 2016

Kliksa

Sabancı Holding's e-commerce site selling everything from technology to personal care

TurkeyRan out of cash
Closed2014 – 2016

PepperTap

The Indian grocery delivery app that raised $50 million in two years and grew on discounts

India$50 millionBusiness model failed
Closed2014 – 2015

Alikolo

The Indonesian e-commerce marketplace founded without knowing Tokopedia existed

Indonesia$100KRan out of cash
Closed2010 – 2015

Evim.net

A vertical e-commerce site for home decor that raised $5 million

Turkey$5 millionRan out of cash
Closed2010 – 2015

Fab

The daily-deals design shop once valued at more than $1 billion

United States$156 millionBusiness model failed
Closed2009 – 2015

Limango Türkiye

The Turkish private shopping site of Limango, part of Germany's Otto Group

TurkeyLost to competitors
Closed2012 – 2015

Lokum.com

Yemeksepeti's online shop for regional and artisan food

TurkeyBusiness model failedCorporate product
Closed2010 – 2015

Şehir Fırsatı (Groupon Türkiye)

Groupon's Turkish brand, a daily deals site selling vouchers for restaurants, spas and events

TurkeyBusiness model failed
Closed2011 – 2013

DayBuyDay

A private shopping site founded as a partnership between Hepsiburada and Cem Hakko, which launched with Vakko

TurkeyAcquired and shut down
Closed2012 – 2013

DesignLocks

An online shop offering different, original design products every day

TurkeyNo market need
Closed2012 – 2013

Gamoba

A vertical e-commerce site selling PC and console games, gaming accessories and electronics

TurkeyLost to competitors
Closed2012 – 2013

Goboti

The e-commerce site selling one designer T-shirt a day from Turkish designers

TurkeyBusiness model failed
Closed2012 – 2013

Gurunzi

The curated shopping site selling, at a discount, products that celebrities had tried and recommended

TurkeyRan out of cash
Closed2011 – 2013

Memurfoni

A group-buying site offering discounted deals to members of Memurlar.net

TurkeyBusiness model failed
Closed2011 – 2013

Pakette

The Turkish e-commerce site that sold one discounted product a day, with free shipping on three

TurkeyBusiness model failed
Closed2012 – 2013

StilSOS

The social fashion showcase that presented products from different brands and designers as outfits

Turkey$230KBusiness model failed
Closed2009 – 2013

Totsy

The flash-sale site for mothers that went into liquidation a year after raising $23.5 million

United States$23.5 millionRan out of cash
Closed2010 – 2013

VIPDükkan

One of Turkey's first flash-sale sites, a branded-goods discount club that grew on TV advertising

Turkey$5 millionRan out of cash
Closed2011 – 2013

Wantful

A personalised gift recommendation start-up that shut down abruptly when Nordstrom's investment failed to arri

United States$5.5 millionRan out of cash
Closed2012 – 2012

Bamarang Türkiye

Rocket Internet's Turkish site selling design products through flash sales

TurkeyBusiness model failed
Closed2011 – 2012

Evimister

The vertical e-commerce site selling everything from home decor to home electronics

TurkeyBusiness model failed
Closed2012 – 2012

Fyonk

A social gifting app that let people send friends gift vouchers on their Facebook birthdays

TurkeyNo market need
Closed2005 – 2012

Pabbuc.com

A shoe and bag shop remembered as Turkey's first online shoe retailer

TurkeyTeam problems
Closed2011 – 2012

Saklışehir

A group-buying site offering traditional experiences to conservative users

TurkeyNo market need
Closed2011 – 2012

Sporena

The Turkish vertical e-commerce site selling sports shoes, clothing and accessories

TurkeyBusiness model failed
Closed2010 – 2012

Vimjo

A Turkish e-commerce site that set out to bring personal care and health products together in one place

TurkeyRan out of cash
Closed2012 – 2012

Zidaya

The shoe, clothing and accessories site Rocket Internet set up in Turkey

TurkeyBusiness model failed
Closed2008 – 2011

İçkisepeti

The Istanbul site that delivered alcohol to your door in about half an hour, 24 hours a day, 7 days a week

TurkeyRegulation and legal issues
Closed2003 – 2009

Koysepete

An Ankara-based shopping site selling everything from computers to home textiles in instalments

TurkeyMacroeconomic crisis
Closed2005 – 2009

Teketek

A technology distributor's shopping site, focused on computers and electronics

TurkeyBusiness model failedCorporate product
Closed2005 – 2009

Yeterkiiste

The technology-focused online shop set up as an affiliate of İş Bankası

TurkeyBusiness model failedCorporate product
Closed1998 – 2008

Estore

One of Turkey's first general online shopping sites, an e-store that also sold on television

TurkeyRan out of cashCorporate product
Closed2007 – 2008

Tio

The shopping guide that compared prices and let you buy from different shops with a single account

TurkeyRan out of cashCorporate product
Closed2000 – 2008

Weblebi.com

One of Turkey's first generation of general online shopping sites

TurkeyRan out of cash
Closed1997 – 2001

eToys

The online toy retailer that became an emblem of the dotcom bubble

United StatesMacroeconomic crisis
Closed1998 – 2000

Boo.com

A European start-up that tried to sell branded sports and fashion clothing online with a 3D experience

United Kingdom$135 millionRan out of cash
Closed1998 – 2000

Pets.com

The dotcom that sold pet supplies online, famous for its sock-puppet mascot

United States$93 millionBusiness model failed
Closed2000 – 2024

Croquetteland

E-commerce

France
Closed2004 – 2023

Book Depository

UK-based online book seller

United Kingdom
Closed1998 – 2023

PCP.COM Gruppe

E-commerce

Switzerland
Closed2005 – 2021

DealExtreme

Chinese web shop

China
Closed1999 – 2021

Discshop.se

E-commerce

Sweden
Closed2007 – 2021

ZOOT

Company in the Czech Republic

Czechia
Closed2005 – 2019

Fotolia

Microstock photography agency and website

United States
Closed2008 – 2017

alittleMarket.com

E-commerce

France
Closed2005 – 2017

JAGO

E-commerce

Germany
Closed1996 – 2017

NCIX

Canadian online computer hardware and software retailer

Canada
Closed2004 – 2014

Zip.ca

Company

Canada
Closed2000 – 2009

Home Décor Products

Online home improvement retailer

Closed2005 – 2008

ClickStar

Movie distribution company

United States
Closed1994 – 2003

Open Market

Massachusetts e-commerce company

United States
Closed1998 – 2001

beenz.com

Website

United States

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This section is compiled from public sources (Wikidata, news archives and company announcements). Figures are given as they appear in those sources; unknown fields are left blank. If you spot a mistake in an entry, you can send us a correction.