Welcome to our dedicated page for D-Market Electronic Services & Trading news (Ticker: HEPS), a resource for investors and traders seeking the latest updates and insights on D-Market Electronic Services & Trading stock.
D-MARKET Electronic Services & Trading reports recurring updates as Hepsiburada, a Turkish e-commerce technology platform whose ADSs trade under HEPS. The company operates a hybrid model that combines first-party direct sales with a third-party marketplace, offering electronics and non-electronics merchandise and generating revenue from sales of goods, marketplace activity and other services.
Company announcements address unaudited financial results, order, GMV and revenue trends, and IFRS reporting adjusted under IAS 29 for hyperinflationary economies. Recurring business topics include Hepsipay digital wallets, general-purpose loans, buy now pay later, fulfillment, last-mile delivery, advertising, cross-border sales, payment services, affordability solutions, shareholder meetings, governance matters and ADR voting mechanics.
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, 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.
Hepsiburada, a leading Turkish e-commerce platform listed on NASDAQ under the symbol HEPS, has filed its annual report on Form 20-F for the fiscal year 2024. The filing was submitted to the Securities and Exchange Commission on April 30, 2025.
Investors and stakeholders can access the annual report through multiple channels:
- Hepsiburada's investor relations website (https://investors.hepsiburada.com/en/financials/sec-filings)
- SEC's website (http://www.sec.gov)
The company offers shareholders and ADS holders the option to receive a free hard copy of the annual report, which includes audited consolidated financial statements. Requests can be made directly to the Investor Relations Department at ir@hepsiburada.com.
Hepsiburada (NASDAQ: HEPS), a leading Turkish e-commerce platform, has scheduled the release of its fourth quarter and full year 2024 financial results for April 30, 2025, before the U.S. market opens.
The company's management will host an analyst and investor conference call and webcast to discuss the results at 16:00 Istanbul / 14:00 London / 9:00 a.m. New York time on the same day. The presentation materials will be available on the company's investor relations website.