Turkey's first online B2B warehouse platform ParkPalet is heading to the finals in the international Create@Alibaba Cloud Start-Up Competition.

Bringing a new and different approach to the logistics sector, the technology startup ParkPalet qualified to paritcipate in the finals to be held in China by ranking among the top five projects in the Middle East and Africa regional leg of the international Create@Alibaba Cloud Start-Up Competition organized by Alibaba Cloud.

Selected by a jury consisting of prominent business figures such as Arzuhan Doğan Yalçındağ, Suzan Sabancı Dinçer, Murat Özyeğin, Arda Ermut, Serra Akçaoğlu, Cansen Başaran Symes and Rabih I. Khoury, ParkPalet was also awarded a USD 10 thousand prize.

The finals of the Create@Alibaba Cloud Start-Up Competition, which holds an important position internationally for start-ups, will be held in October in Hangzhou, China, where the headquarters of the Alibaba Group is also located. ParkPalet will compete with startups from 12 different countries to win USD 200 thousand worth of cloud resources and support programs, as well as significant investment opportunities from China.

About ParkPalet

An example of the rapidly developing "sharing economy" in the world adapted to the warehousing sector, ParkPalet was brought into conformity with the conditions in Turkey with an innovative approach by an entrepreneurial team that has been active in real estate investment and development for many years, while at the same time getting closer to both the technology and logistics sectors. Through its website at www.parkpalet.com, ParkPalet Dynamic Warehouse Solutions Marketplace enables the finding of the required amount of warehouse space for the desired location and duration via its developed software, and allows the underutilized warehouse spaces to be offered for sale on a pallet and/or square meter basis.