ADVERTISEMENT
General Atlantic L.L.C. led a $44 million investment for a minority stake in Yemeksepeti.com, an online food-ordering service in Turkey and the Middle East.
Separately, Stamford-based General Atlantic said it opened a Munich office.
General Atlantic, which invested in Yemeksepeti alongside New York City-based Endeavor Catalyst, said it was its first-ever deal in Turkey. Some 1.5 million registered users submit more than 50,000 orders daily using Yemeksepeti.com to order food from Subway, McDonald’s, Domino’s Pizza, and other global chains. The company is expanding to offer grocery deliveries, restaurant reviews and other services.
