D-Market Electronic Services & Trading Stock Price, News & Analysis

Hepsiburada (NASDAQ: HEPS) will report unaudited third quarter results for the period ended September 30, 2025 before U.S. markets open on Wednesday, November 5, 2025. The announcement gives investors a scheduled date and timing to review the company’s Q3 2025 financial results and prepare for any related disclosures.

Hepsiburada (NASDAQ: HEPS) called an Extraordinary General Assembly Meeting for November 17, 2025 at 11:00 local time at its İstanbul headquarters to approve a TRY 4,171,960,010.85 share capital increase.

The increase allocates TRY 7,168,458.80 to nominal value and TRY 4,164,791,552.05 to share premium, raising nominal capital from TRY 65,199,658.00 (325,998,290 shares) to TRY 72,368,116.80 (361,840,584 shares); nominal share value remains TRY 0.20. The Bank of New York Mellon’s ADS pre-emptive rights will be disapplied per Article 461/2 of the TCC. Meeting agenda and explanatory notes are available on the company investor relations website as of October 20, 2025.

D-MARKET (NASDAQ:HEPS), also known as Hepsiburada, has submitted Amendment No. 1 to its previously filed Form 6-K. The amendment specifically addresses a clerical error in Exhibit 99.4, which contains the Board of Directors' Annual Report for 2024. The original Form 6-K was filed on August 15, 2025, regarding the Company's Annual General Assembly Meeting of Shareholders scheduled for September 15, 2025.

The amendment solely restates the Board of Directors' Annual Report, with all other aspects of the original filing remaining unchanged.

Hepsiburada (NASDAQ: HEPS), a leading Turkish e-commerce platform, has announced its Ordinary General Assembly Meeting for the financial year 2024, scheduled for September 15, 2025, at 11:00 Istanbul time. The meeting will be held at the company's headquarters in Istanbul.

The agenda includes standard items such as the election of General Assembly Chairmanship, discussion of annual reports, approval of 2024 financial statements, release of Board members, decisions on profit distribution, board member compensation, appointment of independent auditors, and setting donation limits at 2 per thousands of total net assets.

ADS holders must exercise their voting rights through The Bank of New York Mellon, the depositary of the Company's ADS program. Meeting materials are available on the company's investor relations website from August 15, 2025.

Hepsiburada (NASDAQ: HEPS), a leading Turkish e-commerce platform, reported its Q2 2025 financial results showing mixed performance. The company's GMV increased by 11.9% to TRY 51.1 billion, while revenue grew 22.6% to TRY 16.7 billion compared to Q2 2024.

Key metrics showed operational challenges with Active Customers declining 0.8% to 12.0 million and Order Frequency decreasing by 11% to 9.3. However, EBITDA improved significantly, increasing 41.6% to TRY 739.5 million. The company's net loss widened by 39.4% to TRY 723.8 million, mainly due to increased provision expenses and one-off costs related to global operations.

The company demonstrated strong cash management with free cash flow improving to an inflow of TRY 3,405.2 million compared to an outflow in Q2 2024. The Marketplace GMV share stood at 68.2%, showing a slight decline from 71.1% in the previous year.

Hepsiburada (NASDAQ: HEPS), Turkey's leading e-commerce platform, has scheduled its Q2 2025 earnings release for July 31, 2025, before the U.S. market opens. The company will present its unaudited financial results for the quarter ending June 30, 2025.

Hepsiburada (NASDAQ: HEPS) reported challenging Q1 2025 financial results, with significant declines across key metrics. GMV decreased by 14.8% to TRY 42.7 billion, while revenue fell 7.9% to TRY 14.4 billion compared to Q1 2024. The company's performance was notably impacted by politically driven consumption boycotts and counter-inflationary policies affecting consumer purchasing power. Orders declined by 18.9% to 23.8 million, and Active Customers decreased slightly by 0.9% to 12 million. EBITDA dropped to TRY 108.8 million from TRY 399.6 million in Q1 2024, with margin deteriorating to 0.3%. Net loss widened to TRY 355.1 million, compared to TRY 180.5 million in Q1 2024. Despite challenges, the company improved its gross contribution margin by 200 basis points year-over-year through initiatives like Hepsiads and Hepsiburada Premium.

Hepsiburada (NASDAQ: HEPS) announced that its subsidiary Hepsifinans has completed its fourth bond issuance worth TRY 66.95 million to domestic qualified investors. The bonds, issued on April 30, 2025, come with a six-month maturity and will accrue interest at 52.00% per annum. Both principal and coupon payments will be made at maturity. This issuance is part of Hepsifinans's previously approved bond program with a total limit of TRY 1.05 billion. The funds raised will be used to grow Hepsifinans's consumer finance business sustainably.

Hepsiburada, a leading Turkish e-commerce platform, reported its Q4 and full-year 2024 financial results. The company's GMV increased by 12.1% to TRY 188.6 billion for the full year, while revenue grew 11.1% to TRY 57,046.6 million.

Key highlights include a 16.2% increase in orders to 131.4 million, and Active Customers growth of 2.0% to 12.2 million. The company's EBITDA showed significant improvement, increasing by 218.4% to TRY 2,065.1 million. Marketplace GMV share expanded to 69.8% from 66.9% in 2023.

Notable operational achievements include HepsiJet delivering 72% of total parcels and the Hepsiburada Premium membership reaching 3.7 million members. However, the company faced challenges in early 2025 due to macroeconomic headwinds and shopping boycotts. A significant milestone was reached with Kaspi acquiring a 65.4% controlling stake in Hepsiburada from the founder and Doğan Family.