ISTANBUL, Türkiye, April 16, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS), a leading Turkish e-commerce platform, will report its financial results for the fourth quarter and full year ending December 31, 2024 before the U.S. market opens on Wednesday, April 30, 2025. Conference Call and Webcast DetailsHepsiburada's management will host an analyst and investor conference call and live webcast to discuss its financial results at 16.00 İstanbul / 14.00 Lo ...

ISTANBUL, March 21, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the third bond issuance of its indirect wholly owned subsidiary, Hepsi Finansman A.Ş. (“Hepsifinans”), at a nominal value of TRY 100 million. Further to our disclosure in a report on Form 6-K furnished on September 11, 2024 regarding the Capital Markets Board’s approval of Hepsifinans’s issuance of bonds or bills with a total aggrega ...

Core Insights - Hepsiburada has concluded its "Trade and Technology Empowerment for the Earthquake Region" program, which ran from March 6, 2023, to March 11, 2025, aimed at supporting merchants in the earthquake-affected areas of Turkey [1] Group 1: Program Outcomes - The program resulted in approximately 10,400 active merchants in the earthquake region, with over 6,500 new businesses utilizing Hepsiburada to sell products online [5] - Active sellers in the earthquake region completed 9.1 million orders, selling a total of 13.5 million products and generating a trade volume exceeding TRY 9.6 billion [5] - Over 4,100 women entrepreneurs and women's cooperatives in the region contributed to a trade volume of approximately TRY 840 million [5] - Approximately 5,000 SMEs and tradespeople received training at E-Commerce Specialization Centers located in Adana, Hatay, and Kahramanmaraş [5] Group 2: Company Overview - Hepsiburada operates as a leading e-commerce technology platform in Turkey, utilizing a hybrid model that combines first-party direct sales and a third-party marketplace with around 100,000 merchants [6] - The company aims to lead the digitalization of commerce, providing a comprehensive ecosystem for merchants and consumers, including last-mile delivery, fulfillment services, advertising solutions, cross-border sales, and payment services [7] - Hepsipay, the integrated fintech platform of Hepsiburada, offers secure payment solutions such as digital wallets, general-purpose loans, buy now pay later (BNPL), and one-click checkout, enhancing shopping convenience and driving sales conversions [7] - Since its establishment in 2000, Hepsiburada has focused on empowering women in the Turkish economy, having supported nearly 57,500 female entrepreneurs through its 'Technology Empowerment for Women Entrepreneurs' program launched in 2017 [8]

ISTANBUL, March 17, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), announces the 24-month results of the “Trade and Technology Empowerment for the Earthquake Region” program (the “Program”) for the period from March 6, 2023 to March 11, 2025. Since the Program’s launch in March 2023: • The total number of active merchants operating in the earthquake region has ...

Core Viewpoint - Hepsiburada, a leading Turkish e-commerce platform, has announced the issuance of TRY 500 million in asset-backed securities to support its Buy Now Pay Later (BNPL) business and improve working capital management [1][2]. Group 1: Financial Issuance Details - The fourth issuance of asset-backed securities amounts to TRY 500 million, part of a TRY 2 billion limit set by the Capital Markets Board for Pasha Yatırım Bank Hepsiburada Varlık Finansmanı Fonu, settled on March 12, 2025 [2]. - This issuance consists of five tranches with an average maturity of 70 days and an annual average interest rate of 42.75% [2]. - Previous issuances include TRY 150 million on June 5, 2024, TRY 350 million on September 27, 2024, and TRY 450 million on December 4, 2024 [3]. Group 2: Company Overview - Hepsiburada operates as a hybrid e-commerce platform combining first-party direct sales and a third-party marketplace with approximately 100,000 merchants [5]. - The platform offers a wide range of services including last-mile delivery, fulfillment services, advertising solutions, cross-border sales, payment services, and affordability solutions [6]. - Hepsipay, the integrated fintech platform of Hepsiburada, provides secure payment solutions such as digital wallets, general-purpose loans, BNPL, and one-click checkout [7]. Group 3: Social Impact - Since its founding in 2000, Hepsiburada has focused on empowering women in the Turkish economy, launching the 'Technology Empowerment for Women Entrepreneurs' program in 2017, which has supported nearly 57,500 female entrepreneurs [8].

I last wrote about Hepsiburada (NASDAQ: HEPS ) with the thesis that profits were in sight as the leading Turkish e-commerce site gained revenues, GMV, and members. Since then, the stock has appreciated over 140% which has provenAmateur value investor seeking bargains in any market, with a specific focus on emerging markets. Admires great investors such as Li Lu and Peter Lynch, and am not afraid to go against the grain. Willing to buy any company at the right price, and is looking for low-risk and high unce ...

ISTANBUL, Feb. 01, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announces the voting results of the Extraordinary General Assembly Meeting of Shareholders (“EGM”) held on January 31, 2025, the new composition of the Committees of its Board of Directors (“Board”), and the appointment of a General Counsel and Corporate Secretary. EGM Voting Results The EG ...

ISTANBUL, Jan. 29, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), announces the closing (the “Closing”), on January 29, 2025 (the “Closing Date”), of the previously disclosed transaction between Joint Stock Company Kaspi.kz, a joint stock company incorporated under the laws of Kazakhstan (the “Buyer”), and Hanzade Vasfiye Doğan Boyner, Hepsiburada’s founder, Vuslat Doğan Sabancı, Yaşar Begümhan Doğan Faralyalı, Arzuhan Doğan Yalçındağ and Işıl Doğan (co ...

ISTANBUL, Jan. 17, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading e-commerce technology platform in Türkiye, and Vodafone Türkiye, a leading mobile telecommunications company, have announced a strategic collaboration aimed at enhancing customer experience in the e-commerce and telecommunication sectors. The collaboration integrates the new “Hepsiburada for Vodafone Users” platform into the Vodafone Yanımda app, which has over 16 million users. ...

ISTANBUL, Jan. 03, 2025 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), announces that, as of January 2, 2025, the four regulatory approvals required for effecting the previously announced sale and purchase of 65.4% of the total outstanding shares of the Company pursuant to the stock purchase agreement dated October 17, 2024, between Joint Stock Company Kaspi.kz, as ...