• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechTurkey
Europe

Instagram ban hits Turkey’s female entrepreneurs hardest

By
Tugce Ozsoy
Tugce Ozsoy
,
Taylan Bilgic
Taylan Bilgic
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Tugce Ozsoy
Tugce Ozsoy
,
Taylan Bilgic
Taylan Bilgic
and
Bloomberg
Bloomberg
Down Arrow Button Icon
August 10, 2024, 1:00 AM ET
NICOSIA, CYPRUS - JULY 20: Turkish President Recep Tayyip Erdogan speaks during celebrations marking the 50th anniversary of Turkey's invasion of Cyprus on July 20, 2024 in occupied northern Nicosia, Cyprus. Fifty years has passed since Turkey's invasion and occupation of northern Cyprus, spurred in 1974 by Greece's attempts to oust the Cypriot president and forge a political union with the island. Over time, the northern part became the Turkish Republic of Northern Cyprus (TRNC), which is largely populated by ethnic Turks and recognized only by Turkey. To the south, the Republic of Cyprus is largely populated by ethnic Greeks and is an EU member state. (Photo by Alexis Mitas/Getty Images)
Turkish President Recep Tayyip Erdogan criticized Instagram for what he described as “censorship” of posts related to the death of Ismail Haniyeh, political chief of the Palestinian militant group Hamas. Alexis Mitas/Getty Images

Turkey’s decision to block access to Instagram has hit female entrepreneurs who rely on the popular social media application to sell everything from cookies to bed sheets.

“We’ve been using Instagram to showcase our products and reach out to a wider client base,” said Ezgi Akincilar, founder of online retailer Antalya’dan Iste, which sells food products from honey and jam to canned artichokes. 

Akincilar estimates that she owes more than half of her revenue to users who find her via Instagram. “There’s no other platform to take its place,” she said by phone.

Turkey’s internet regulator halted Instagram access on Aug. 2 without explaining why. It came after a senior aide to President Recep Tayyip Erdogan criticized the platform for what he described as “censorship” of posts related to the death of Ismail Haniyeh, political chief of the Palestinian militant group Hamas. 

Transport and Infrastructure minister Abdulkadir Uraloglu later cited broader motives including “attacks” against Turkey’s founding father Mustafa Kemal Ataturk, unauthorized betting and “posts of a sexual nature.” He also accused Instagram of censorship. 

Instagram’s owner, Meta Platforms Inc, didn’t immediately respond to a request for comment from Bloomberg.

Sinem Kocabas, who a year ago received an entrepreneurship award by state-run Halkbank, says sales have all but stopped. Her “Dear Deer Love” venture, which sells baby products such as mattresses and bed clothes, owes about 60% of its revenue to business flow from Instagram. 

“Everyone is losing money. Some companies may even shut down if this ban isn’t lifted soon,” Kocabas said.

Demand Drop

The ban comes at a delicate moment for Turkish businesses, with domestic demand slowing after the central bank hiked its benchmark interest rate to 50% from 8.5% in less than a year to rein in inflation. 

Spending on credit cards, widely used for online purchases, has been flat since April even for essential items, the central bank said in a report on Thursday. Discretionary spending has been contracting in real terms.

The decision to block Instagram may “disrupt communications and result in client dissatisfaction,” said Esra Bezircioglu, chairwoman of the Women Entrepreneurs Association of Turkey. Such disruptions would create “strategic hardship” for businesses, she said in an emailed response to Bloomberg.

The prospect of the ban being lifted is uncertain. On Aug. 6 the minister, Abdulkadir Uraloglu, cited “significant progress” in talks with Instagram, without giving details. Social media companies “shall abide by the laws of our country,” Justice Minister Yilmaz Tunc said.

“We’re in a tight spot,” said Fatma Gonca Yurtseven, a survivor of the February 2023 twin earthquakes in the southern Hatay province. She’s part of a collective of women who sell local produce online under the “Hatay Bohcasi” brand. 

“We don’t have any other channels for this business,” Yurtseven said. “Many women are earning their living from this. We don’t know what to do.”

Join us at the Coins2Day Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Tugce Ozsoy
See full bioRight Arrow Button Icon
By Taylan Bilgic
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
1 day ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
23 hours ago
placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
20 hours ago
placeholder alt text
Success
Alexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House, and decided he was 'gonna invent a career.' He founded Reddit
By Preston ForeJanuary 31, 2026
20 hours ago
placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of silver as of Friday, January 30, 2026
By Joseph HostetlerJanuary 30, 2026
2 days ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

Big TechMark Zuckerberg
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to ‘cure or prevent all disease’
By Sydney LakeFebruary 1, 2026
40 minutes ago
The founder and CEO of $1.25 billion AI identity verification platform Incode, Ricardo Amper
SuccessGen Z
CEO of $1.25 billion AI company says he hires Gen Z because they’re ‘less biased’ than older generations—too much knowledge is actually bad, he warns
By Emma BurleighFebruary 1, 2026
2 hours ago
Several pictures of people receiving medical treatments including a facelift and oxygen therapy.
HealthSuper Bowl
Hims and Hers Super Bowl ad highlights ‘uncomfortable truth’ about elite healthcare for the rich and ‘broken’ system for the rest
By Jacqueline MunisFebruary 1, 2026
2 hours ago
Elon Musk sits with his hands on his knees in front of a blue "World Economic Forum" background.
Economythe future of work
Musk’s fantasy for a future where work is optional just got more real: UK minister calls for universal basic income to cushion AI-related job losses
By Sasha RogelbergFebruary 1, 2026
3 hours ago
Startups & VentureOpenAI
Nvidia CEO signals investment in OpenAI round may be largest yet
By Debby Wu and BloombergJanuary 31, 2026
12 hours ago
Startups & VentureVenture Capital
Silicon Valley legend Kleiner Perkins was written off. Then an unlikely VC showed up
By Allie GarfinkleJanuary 31, 2026
16 hours ago