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While it has gained ground in recent years, Turkey’s transformation has been a long time coming, thanks to a unique mix of cultural, economic and even governmental elements that somehow all add up. A huge factor in Turkey’s startup success are the country’s demographics. An entire half of Turkey’s population is under the age of 30, resulting in a predominantly well-educated workforce and a massive talent pool of early adopters and tech-savvy thinkers.
Additionally, mobile penetration in Turkey is through the roof, with more than 68 million people in Turkey owning a mobile device—that’s 84% of the population. Turkey’s mobile users are also reported to be the most active consumers in the world for mobile shopping, mobile banking and QR code scanning, and are third in the...
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