For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its RetailWholesale peers, we might be able to answer that question. D-MARKET Electronic Services & Trading Unsponsored ADR is one of 211 companies in the RetailWholesale group. The Retail-Wholesal ...

ISTANBUL, Sept. 30, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announced the second issuance of asset-backed securities amounting to TRY 350 million. The second issuance of asset-backed securities amounting to TRY 350 million, within the scope of the TRY 2 billion limit given by the Capital Markets Board to Pasha Yatırım Bank Hepsiburada Varlık Finansmanı Fonu, settled on September 27, 2024. In this struc ...

D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Cons ...

Shares of D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) have been struggling lately and have lost 5.5% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the o ...

D-MARKET Electronic Services & Trading Unsponsored ADR (HEPS) has been on a downward spiral lately with significant selling pressure. After declining 17.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technic ...

ISTANBUL, Sept. 26, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (NASDAQ: HEPS), ("Hepsiburada" or the "Company"), a leading Turkish e-commerce platform, today announced that the Board of Directors (recently appointed by the General Assembly of Shareholders of the Company on September 12, 2024), in accordance with the Turkish Commercial Code, has determined the composition of its Committees and assigned additional functions to its Risk Committee. Effective September 21, 2024, the Audit Co ...

ISTANBUL, Sept. 25, 2024 (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 18-month results of the "Trade and Technology Empowerment for the Earthquake Region" program (the "Program") for the period from March 6, 2023 to September 6, 2024. Since the Program's launch in March 2023: • The total number of active merchants operating in the earthquake region h ...

ISTANBUL, Sept. 20, 2024 (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"), has published its 2023 Sustainability Report. Hepsiburada is the first ecommerce platform in Türkiye to sign the United Nations ("UN") Global Compact. Cem Tanır, Hepsiburada's Head of Corporate Affairs, Communications and Sustainability, underscored the Company's commitment to green transformati ...

Core Viewpoint - Hepsiburada reported its financial results for Q2 and H1 2024, showing growth in gross merchandise value (GMV) and EBITDA, despite a challenging macroeconomic environment in Turkey. The company continues to focus on customer loyalty and operational excellence to drive performance. Financial Highlights - Gross merchandise value (GMV) increased by 3.9% to TRY 33.8 billion in Q2 2024 compared to TRY 32.5 billion in Q2 2023 [5] - Revenue remained nearly flat at TRY 10,112.9 million compared to TRY 10,113.3 million in Q2 2023 [5] - EBITDA increased by 45.7% to TRY 386.6 million in Q2 2024 compared to TRY 265.3 million in Q2 2023 [5] - Loss for the period was TRY 384.5 million compared to income of TRY 1,511.9 million in Q2 2023 [5] - Free cash flow improved to negative TRY 644.5 million from negative TRY 1,041.8 million in Q2 2023 [6] Operational Highlights - Number of orders increased by 33.3% to 36.7 million in Q2 2024 compared to 27.5 million in Q2 2023 [5] - Active customers increased by 0.5% to 12.1 million compared to 12.0 million as of June 30, 2023 [5] - The number of SKUs increased by 35.6% to 264.0 million compared to 194.7 million as of June 30, 2023 [5] - Share of Marketplace GMV rose to 71.1% in Q2 2024 from 67.1% in Q2 2023 [5] Strategic Initiatives - The loyalty program, Hepsiburada Premium, reached 3 million members by mid-August 2024, enhancing customer retention [8][22] - HepsiJet delivered 73% of total parcels on the platform, up from 66% in Q2 2023, indicating improved logistics performance [9] - Hepsipay's lending services saw total lending volume reach TRY 11.2 billion over the last twelve months, up from TRY 8.1 billion in Q1 2024 [10] Market Outlook - For Q3 2024, the company expects GMV growth in the range of 70% to 75% year-on-year, unadjusted for inflation [11][16] - The company aims for EBITDA around 2.2% of GMV in Q3 2024, unadjusted for inflation [11] Economic Context - The annual inflation rate in Turkey was reported at 71.6% as of June 30, 2024, up from 38.2% a year earlier [18] - Consumer confidence index fell to 78.3 as of June 30, 2024, indicating a challenging economic environment [18]

Core Insights - Hepsiburada, a leading Turkish e-commerce platform, will report its unaudited financial results for Q2 2024 on September 11, 2024 [1] - The company will host a conference call and live webcast to discuss its financial results on the same day [2] Company Overview - Hepsiburada connects over 64 million members with over 248 million stock keeping units across more than 30 product categories [4] - The platform operates a hybrid model combining first-party direct sales and a third-party marketplace with approximately 102 thousand merchants [4] - Hepsiburada provides a broad ecosystem of capabilities including last-mile delivery, advertising services, on-demand grocery delivery, and payment solutions through Hepsipay [5] Social Impact - Since its founding in 2000, Hepsiburada has focused on empowering women in the Turkish economy through initiatives like the 'Technology Empowerment for Women Entrepreneurs' program, which has supported around 53 thousand female entrepreneurs [6]