D-MARKET Electronic Services

D-MARKET Elektronik Hizmetler Tic. A.S. is a holding company, which owns and operates an online shopping website. It offers computers, mobile phones, home appliances, sports goods, clothing products, cosmetics, jewelries, books, game consoles, and furniture. The company was founded by Hanzade Dogan Boyner in 1998 and is headquartered in Istanbul, Turkey.

Earnings data Q2 2021

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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HEPS reports robust Q4 performance, eyes sustained growth amidst challenges

HEPS delivered strong financial performance in Q4 2022, with significant GMV growth, customer base expansion, and improvements in key financial metrics.
The company's focus on strategic priorities, profitability, and customer engagement through initiatives like Hepsi Premium positions it well for future growth.
While facing challenges from regulatory impacts and competitive dynamics, HEPS has opportunities to leverage its strengths and drive sustainable growth in the e-commerce sector.

Hepsiburada surpasses EBITDA expectations, eyes strong Q2 growth

Hepsiburada's Q1 2023 performance showcased strong financial results, exceeding key metrics and signaling a return to pre-earthquake levels. The company's focus on profitability and operational efficiency is driving positive EBITDA growth. With guidance for Q2 indicating robust GMV growth and positive EBITDA, Hepsiburada is poised for continued success.

Hepsiburada doubles GMV, eyes sustainable growth amid fintech expansion

Hepsiburada's Q2 2023 performance reflects strong growth, operational efficiency improvements, and strategic initiatives driving market traction and profitability.
The company's focus on customer-centric solutions, expansion of services, and commitment to innovation position it well for sustained growth and market leadership.
While facing challenges of scaling and competition, Hepsiburada's solid performance and strategic direction offer opportunities for continued success and value creation.

Hepsiburada excels in Q3 amidst inflation challenges, eyes growth opportunities

Hepsiburada demonstrated resilience and growth in Q3 despite economic challenges, driven by strong GMV and order numbers.
Strategic initiatives in loyalty, cost management, and partnerships are fueling sustainable growth and profitability.
Challenges include managing costs in a high inflation environment and meeting EBITDA targets amidst economic uncertainties.
Opportunities exist in expanding premium programs, fintech partnerships, and enhancing delivery services for continued success.

Hepsiburada's Q4 2023 Earnings Exceed Expectations, Eyes Growth Strategies

Hepsiburada's Q4 2023 performance showcased robust growth, strong customer engagement, and improved financial metrics. The company's strategic priorities for 2024 include sustainable growth, loyalty program expansion, and profitability margin enhancement. Despite challenges, Hepsiburada remains focused on optimizing operations and driving growth.

Hepsiburada surpasses Q1 targets, eyes expansion and regulatory challenges

Hepsiburada's Q1 2024 performance exceeded expectations, with strong growth in key metrics. While facing regulatory challenges, the company is exploring new opportunities for expansion and market share growth.

Hepsiburada doubles GMV, eyes 70% growth in Q3 earnings

Hepsiburada's Q2 2024 earnings call highlighted stellar performance metrics, strong strategic initiatives, and a positive outlook for sustained growth. The company's focus on customer loyalty, innovative services, and financial discipline positions it well for future success. While facing challenges in a competitive landscape, Hepsiburada remains agile in pursuing opportunities for expansion and profitability.

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D-MARKET Elektronik Hizmetler Tic. A.S. is a holding company, which engages in online shopping websites. It offers computers, mobile phones, home appliances, sports goods, clothing products, cosmetics, jewelries, books, game consoles, and furniture. The company was founded by Hanzade Dogan Boyner in 1998 and is headquartered in Istanbul, Turkey.

D-MARKET Elektronik Hizmetler Tic. A.Ş. (HEPS) CEO Murat Emirdağ on Q2 2021 Results - Earnings Call Transcript

ISTANBUL, Aug. 26, 2021 /PRNewswire/ -- 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 its unaudited financial results for the second quarter ended June 30, 2021.  Hepsiburada continued to generate strong GMV growth off a solid base, and achieved a record number of quarterly orders and presence in every city in Turkey for last-mile delivery logistics via its in-house service, HepsiJet during the quarter.

Hepsiburada Announces Second Quarter 2021 Financial Results

ISTANBUL, Aug. 12, 2021 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, will report its unaudited financial results for the second quarter ended June 30, 2021 on Thursday, August 26, 2021. Conference Call and Webcast Details The Company's management will host an analyst and investor conference call to discuss its financial results at 15.30 İstanbul time / 13.30 London / 8.30 New York on Thursday, Aug 26, 2021.

Notice of Second Quarter 2021 Financial Results and Conference Call

Hepsiburada is an ecommerce market leader in Turkey, also involved in online payments. Ecommerce in Turkey only accounts for 5.3% of the overall retail market, and it will continue to expand.

Hepsiburada: The Turkish Ecommerce Market Leader Is Still Expensive

NEW YORK, July 7, 2021 /PRNewswire/ -- D-MARKET Electronic Services & Trading ("Hepsiburada"), a leading Turkish e-commerce platform, announced the closing on July 6, 2021 of its initial public offering of 65,251,000 American Depositary Shares ("ADSs") representing 65,251,000 Class B ordinary shares, at a price to the public of $12.00 per ADS.  The offering included 41,670,000 ADSs offered by Hepsiburada and 23,581,000 ADSs offered by a selling shareholder, which included 8,511,000 ADSs sold by the selling shareholder pursuant to the underwriters' exercise in full of their over-allotment option.

Hepsiburada Announces Closing Of Initial Public Offering

D-MARKET Electronic Services & Trading has filed to raise $681 million in a U.S. IPO.

D-Market Electronic Services & Trading Seeks U.S. IPO

Hepsiburada — Turkey's giant online shopping platform considered the Amazon of its country — floats on the Nasdaq today, for a valuation likely to exceed $3.9 billion on current projections, especially with shares being marked up to $14 apiece (up from the previously predicted $12 pricing). Bu this isn't the end of the journey for this break-out Turkish tech and e-commerce […]

Exclusive: Hepsiburada CEO sets out her vision, as it becomes first ever Turkish Nasdaq IPO

Krispy Kreme

Acumen Pharmaceuticals

Torrid Holdings

EverCommerce

The Glimpse Group

Acumen Pharmaceuticals, D-MARKET Electronic Services & Trading, Evercommerce, Torrid Holdings, and the Glimpse Group will also make their debuts.

Krispy Kreme and 5 Other IPOs to Begin Trading

Turkish e-commerce platform D-MARKET Electronic Services & Trading (NASDAQ: HEPS), also called Hepsiburada, priced 56.74 million shares at $12 per share in its initial public offering. The IPO includes 15.07 million shares from a selling shareholder.

Hepsiburada Prices IPO At $12 Per Share; Trading Begins Today

NEW YORK, July 1, 2021 /PRNewswire/ -- D-MARKET Electronic Services & Trading ("Hepsiburada"), a leading Turkish e-commerce platform, today announced the pricing of its initial public offering of 56,740,000 American Depositary Shares ("ADSs") representing 56,740,000 Class B ordinary shares (41,670,000 offered by Hepsiburada and 15,070,000 offered by a selling shareholder) at a price to the public of $12.00 per ADS. The ADSs are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol "HEPS" on July 1, 2021, and the offering is expected to close on July 6, 2021, subject to customary closing conditions.

Hepsiburada Announces Pricing Of Initial Public Offering

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Şirketi ("Hepsiburada") today announced that it has launched the roadshow for its proposed initial public offering of its American Depository Shares representing Class B ordinary shares.

Hepsiburada Announces Launch of Initial Public Offering

D-MARKET Elektronik Hizmetler ve Ticaret Anonim Şirketi (in English, D-MARKET Electronic Services & Trading), the company behind major Turkish eCommerce player Hepsiburada.com, has filed to go public on the U.S. Nasdaq exchange.

Turkish eCommerce Platform Hepsiburada Seeks Nasdaq IPO

News for D-MARKET Electronic Services Stock (HEPS)