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Itaú Chile announces the acquisition of Klap and takes a decisive step in Chile´s payments ecosystem
Globenewswire· 2025-12-16 12:59
Core Insights - Banco Itaú Chile has agreed to acquire 100% of Multicaja S.A. and Iswitch S.A., operating under the Klap brand, for a purchase price of CLP 40 billion [1][2] Group 1: Acquisition Details - The acquisition is aimed at strengthening Itaú Chile's value proposition for merchants, SMEs, and corporate clients by enhancing access to modern payment solutions [2] - The closing of the acquisition is subject to customary conditions and approvals from regulatory bodies including the Comisión para el Mercado Financiero (CMF) and the Central Bank of Brazil [3] Group 2: Strategic Importance - This acquisition is considered a strategic milestone for Itaú Chile, allowing for the integration of issuing and acquiring capabilities and promoting a digitalized commerce ecosystem [4] - The acquisition will help accelerate the development of a robust payments ecosystem tailored to the needs of merchants, enhancing customer satisfaction and employee experience [5] Group 3: Klap's Market Position - Klap has a market share of 8.4% in Chile's payments ecosystem and serves approximately 30,000 affiliated points of sale, with around 70% being small and medium-sized enterprises [6] - The company processes approximately 80 million transactions per month, indicating significant operational expansion [6] - Klap's business model combines traditional acquiring services with digital capabilities, positioning it as a scalable platform in a rapidly transforming market [7]
Hepsiburada to Announce Third Quarter 2025 Results on November 5, 2025
Globenewswire· 2025-10-31 10:00
Core Insights - Hepsiburada, a leading Turkish e-commerce platform, will release its unaudited financial results for Q3 2025 on November 5, 2025, before the U.S. market opens [1] Company Overview - Hepsiburada operates as a hybrid e-commerce platform in Türkiye, combining first-party direct sales and a third-party marketplace with around 100,000 merchants [2] - The platform aims to lead the digitalization of commerce, providing a wide range of services including last-mile delivery, fulfillment services, advertising solutions, cross-border sales, payment services, and affordability solutions [3] - 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 consumer shopping convenience and driving sales conversions for merchants [3] Social Impact - Since its establishment 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 approximately 67,000 female entrepreneurs in reaching millions of customers [4]
Hepsiburada Submits Amendment to 6-K
Globenewswire· 2025-08-20 20:45
Core Points - D-MARKET Elektronik Hizmetler ve Ticaret Anonim Şirketi is preparing for its Annual General Assembly Meeting of Shareholders on September 15, 2025, regarding the financial year 2024 [1] - An amendment was made to the Original Form 6-K to correct a clerical error in Exhibit 99.4, which is the Board of Directors' Annual Report for 2024 [2] Company Overview - Hepsiburada is a leading e-commerce technology platform in Türkiye, operating through a hybrid model that includes approximately 100 thousand merchants [3] - The company aims to lead the digitalization of commerce, providing a broad ecosystem of capabilities such as last-mile delivery, fulfilment services, advertising solutions, cross-border sales, payment services, and affordability solutions [4] - Hepsipay, the integrated fintech platform of Hepsiburada, offers secure payment solutions including digital wallets, general-purpose loans, buy now pay later (BNPL), and one-click checkout, enhancing shopping convenience and driving higher sales conversions for merchants [4] 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 approximately 65 thousand female entrepreneurs [5]
Hepsiburada to Announce Second Quarter 2025 Results on July 31, 2025
GlobeNewswire· 2025-07-22 20:33
Company Overview - Hepsiburada is a leading e-commerce technology platform in Türkiye, operating through a hybrid model that combines first-party direct sales (1P) and a third-party marketplace (3P) with approximately 100 thousand merchants [2] - The company aims to lead the digitalization of commerce, providing a broad ecosystem of capabilities for merchants and consumers, including last-mile delivery, fulfilment services, advertising solutions, cross-border sales, payment services, and affordability solutions [3] Financial Reporting - Hepsiburada will report its unaudited financial results for the second quarter ending June 30, 2025, before the U.S. market opens on Thursday, July 31, 2025 [1] 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 approximately 65 thousand female entrepreneurs across Türkiye [4] Integrated Fintech Solutions - Hepsiburada's integrated fintech platform, Hepsipay, offers secure payment solutions, including digital wallets, general-purpose loans, buy now pay later (BNPL), and one-click checkout, enhancing shopping convenience for consumers and driving higher sales conversions for merchants [3]
Hepsiburada Files Its 2024 Annual Report on Form 20-F
Globenewswire· 2025-04-30 10:30
Core Viewpoint - Hepsiburada, a leading Turkish e-commerce platform, has filed its annual report for the fiscal year ended December 31, 2024, with the SEC, highlighting its ongoing commitment to transparency and investor relations [1]. Company Overview - Hepsiburada operates as a hybrid e-commerce platform combining first-party direct sales and a third-party marketplace, featuring approximately 100,000 merchants [3]. - The company aims to lead the digitalization of commerce in Türkiye, providing a wide range of services including last-mile delivery, fulfillment services, advertising solutions, cross-border sales, payment services, and affordability solutions [4]. Financial Reporting - The annual report includes audited consolidated financial statements and is available for shareholders and ADS holders upon request [2]. Social Impact - Since its inception in 2000, Hepsiburada has focused on empowering women in the Turkish economy, notably through its 'Technology Empowerment for Women Entrepreneurs' program, which has supported around 61,000 female entrepreneurs [5].
Hepsiburada to Announce Fourth Quarter and Full Year 2024 Results on April 30, 2025
Newsfilter· 2025-04-16 12:00
Core Insights - Hepsiburada, a leading Turkish e-commerce platform, will report its financial results for Q4 and the full year ending December 31, 2024, on April 30, 2025 [1] - The company will host a conference call and live webcast to discuss these results, scheduled for 16:00 Istanbul time [2] - Hepsiburada operates a hybrid model combining first-party direct sales and a third-party marketplace with around 100,000 merchants [4] Company Overview - Hepsiburada aims to lead the digitalization of commerce in Türkiye, providing a wide range of services including last-mile delivery, fulfillment, advertising solutions, cross-border sales, and payment services [5] - The integrated fintech platform, Hepsipay, offers secure payment solutions such as digital wallets, general-purpose loans, BNPL, and one-click checkout, enhancing consumer convenience and merchant sales [5] - Since its inception in 2000, Hepsiburada has focused on empowering women in the Turkish economy, supporting nearly 57,500 female entrepreneurs through its 'Technology Empowerment for Women Entrepreneurs' program [6]