Ligatus decides to halt its activities in Turkey
Cologne, January 15, 2019 - Ligatus, Europe's leading native advertising solutions provider, has decided to halt activities in the Turkish market, in which it has been operational since 2013. As a result of this strategic business decision, Ligatus will wrap up its investments in Turkey as of February 1, 2019.
Within the framework of the new growth strategy to be implemented, Ligatus plans to continue its expansion in the European market in the most competitive manner. Accordingly, priority will be given to these markets moving forward.
In a short statement, Emre Faks, Managing Director of Ligatus Turkey who helped position the company as a market leader with new advertising models and technology, said: "Our confidence in Turkey continues at the highest level, and we will continue to closely monitor the Turkish market. We want to thank all of our partners with whom we’ve collaborated with over the past 6 years for their trust in us.”