Hepsiburada

Hepsiburada to Announce Fourth Quarter and Full Year 2023 Results on March 25, 2024

Retrieved on: 
Wednesday, March 13, 2024
Hepsiburada, HEPS, Electronic, Cryptocurrency

ISTANBUL, Türkiye, March 13, 2024 (GLOBE NEWSWIRE) -- 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 fourth quarter and full year ending December 31, 2023 before the U.S. market opens on Monday, March 25, 2024.

Key Points: 
  • ISTANBUL, Türkiye, March 13, 2024 (GLOBE NEWSWIRE) -- 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 fourth quarter and full year ending December 31, 2023 before the U.S. market opens on Monday, March 25, 2024.
  • Hepsiburada’s management will host an analyst and investor conference call and live webcast to discuss its financial results at 16.00 İstanbul / 13.00 London / 9.00 a.m. New York time on Monday, March 25, 2024.
  • A replay will be available on the Hepsiburada Investor Relations website https://investors.hepsiburada.com following the call.
  • Hepsiburada’s results presentation will be available on the Hepsiburada Investor Relations website https://investors.hepsiburada.com on March 25, 2024.

Hepsiburada Premium Reaches 2 Million Subscribers

Retrieved on: 
Thursday, November 30, 2023
Marketing, HEPS, Hepsiburada

ISTANBUL, Nov. 30, 2023 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announces that the number of subscribers to Hepsiburada Premium, the platform's paid subscription service, has reached 2 million.

Key Points: 
  • ISTANBUL, Nov. 30, 2023 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, today announces that the number of subscribers to Hepsiburada Premium, the platform's paid subscription service, has reached 2 million.
  • Hepsiburada Premium is priced at TRY19.90 (around US$0.75) per month.
  • Our loyalty program, Hepsiburada Premium, plays a key role in achieving this.
  • Hepsiburada Premium members have continued to generate higher order frequency compared to non-members and we are happy to reach an important milestone by reaching 2 million Hepsiburada Premium subscribers."

Hepsiburada Relaunches HepsiAd - A Retail Media Network

Retrieved on: 
Friday, October 20, 2023
Advertising, Commerce, Marketing, HEPS, Communication, Hepsiburada

ISTANBUL, Oct. 20, 2023 /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 announced the relaunch of HepsiAd, its retail media network program, as part of the Company's strategy to extend its services beyond Hepsiburada's platform and offer its commercial and technological capabilities to other retailers.

Key Points: 
  • ISTANBUL, Oct. 20, 2023 /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 announced the relaunch of HepsiAd, its retail media network program, as part of the Company's strategy to extend its services beyond Hepsiburada's platform and offer its commercial and technological capabilities to other retailers.
  • Hepsiburada, via its HepsiAd platform, plans to develop streamlined marketing strategies and consolidate strategic marketing activities comprising various channels into a single platform through approved and secure data communication channels and digital advertising technologies.
  • Addressing Hepsiburada's marketing solutions, HepsiAd and Marketing Communications Group Director, Onur Gargılı, said: "Retail media network, which is considered the third big wave of digital marketing, is a globally nascent industry.
  • Each month, Hepsiburada hosts more than 210 million visitors on average on its platform.

Hepsipay Card, in partnership with Visa, can now be used worldwide for all purchases

Retrieved on: 
Monday, October 9, 2023
Central bank digital currency, Partnership, Republic, Freedom, Central bank, HEPS, Sale, Payment card, Cryptocurrency, Hepsiburada, Visa

ISTANBUL, Oct. 9, 2023 /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"), announces a five-year agreement with Visa, a world leader in digital payments, to ensure that the digital prepaid cards of its users are accepted all over the world for online and physical purchases.

Key Points: 
  • Hepsipay, initially a platform wallet launched by Hepsiburada to provide fast, secure and easy payments, continues developing solutions to further ease the lives of its customers.
  • Users will now be able to create their digital cards with a Visa logo within seconds by logging in to their Hepsipay accounts through Hepsiburada.
  • Speaking on the partnership with Visa, Erkin Aydın, CEO of Hepsiburada Financial Services said: "Hepsipay was launched as the platform wallet of Hepsiburada.
  • Samile Mümin, General Manager of Visa in Türkiye, said: "We are pleased to partner with Hepsipay to offer their customers access to digital payments with Hepsipay Visa cards.

Through "Trade and Technology Empowerment for the Earthquake Region" program, Hepsiburada Contributed to a TRY 1.9 Billion Trade Volume in the Region

Retrieved on: 
Thursday, October 5, 2023
Women's Technology Empowerment Centre, HEPS, Hepsiburada, Social responsibility, Woman, Earthquake, TRY, Online shopping

Since the program's launch in March 2023:

Key Points: 
  • Since the program's launch in March 2023:
    The total number of active merchants operating in the earthquake region has reached 15,000, with 1,700 new businesses selling their products online through Hepsiburada.
  • Active sellers in the earthquake region sold a total of 4.7 million products, generating a trade volume exceeding TRY 1.9 billion.
  • The trade volume generated by 2,980 women entrepreneurs and women's cooperatives reached TRY 124 million.
  • The Company has reached more than 3,500 children in the region through the program's social responsibility activities.

Hepsiburada CEO Recognized for Driving Change for Gender Diversity in 2023 Heroes Role Model List

Retrieved on: 
Monday, October 2, 2023
HEPS, Workplace, Woman, Involve, Entrepreneurship, Women's Technology Empowerment Centre, Ecosystem, SME, Nursing, Hepsiburada

ISTANBUL, Oct. 2, 2023 /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 announced that Hepsiburada CEO Nilhan Onal Gökçetekin has been recognized on the 2023 Heroes Women Role Model 100 Executive List presented by INvolve.

Key Points: 
  • ISTANBUL, Oct. 2, 2023 /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 announced that Hepsiburada CEO Nilhan Onal Gökçetekin has been recognized on the 2023 Heroes Women Role Model 100 Executive List presented by INvolve.
  • The Heroes Women Role Model Lists is compiled annually by London-based consultancy INvolve to support leaders who are building more successful organisations through diversity and inclusion.
  • Supported by YouTube, the 2023 Heroes Women Role Model 100 Executive List showcases leaders who are championing women in business and driving change for gender diversity in the workplace.
  • The recognition also acknowledged Hepsiburada's and Nilhan Onal Gökçetekin's significant social impact through the post-earthquake program, supporting SMEs, tradespeople, and women entrepreneurs.

Hepsiburada Announces the Purchase of 4,615,384 Class B Ordinary Shares of the Company from TurkCommerce

Retrieved on: 
Thursday, September 28, 2023
HEPS, Electronics manufacturing services, Financial assistance (share purchase), USD, District court, VWAP, Transaction, Supreme court, Annual report, County, Security (finance), Hepsiburada

ISTANBUL, Sept. 28, 2023 (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”), today announced that the Company has signed a contribution agreement (the “Contribution Agreement”) with TurkCommerce B.V. (“TurkCommerce”) pursuant to which the Company has agreed to purchase 4,615,384 Class B ordinary shares of the Company from TurkCommerce against payment of USD 5,732,306.93 (the “Share Purchase Price”), corresponding to a purchase price per share of USD 1.242 (the “Transaction”).

Key Points: 
  • ISTANBUL, Sept. 28, 2023 (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”), today announced that the Company has signed a contribution agreement (the “Contribution Agreement”) with TurkCommerce B.V. (“TurkCommerce”) pursuant to which the Company has agreed to purchase 4,615,384 Class B ordinary shares of the Company from TurkCommerce against payment of USD 5,732,306.93 (the “Share Purchase Price”), corresponding to a purchase price per share of USD 1.242 (the “Transaction”).
  • The price per share represents a discount of 10% over the official closing price on Nasdaq of one Hepsiburada American Depositary Share (“ADS”) on September 27, 2023 (and a discount of approximately 14% over the volume weighted average price (“VWAP”) of Hepsiburada ADSs during the thirty day period immediately preceding September 27, 2023 and a discount of approximately 20% over the VWAP of Hepsiburada ADSs during the sixty day period immediately preceding September 27, 2023).
  • The closing of the Transaction is expected to occur on or around October 12, 2023.
  • The Company is expected to use the Class B ordinary shares purchased in this Transaction for the purpose of delivering Class B ordinary shares under the Company’s Revised Incentive Plan adopted by the Board of Directors on April 24, 2023.

Craftgate - "One-Stop Shop" payment orchestration platform receives investment from Hepsiburada and D4 Ventures

Retrieved on: 
Wednesday, August 23, 2023
HEPS, Growth, POS, Bradlees, Ecosystem, QR, Partnership, Marketing, USD, Cryptocurrency, Hepsiburada

ISTANBUL, Aug. 23, 2023 /PRNewswire/ -- Craftgate Technology, a "One-Stop Shop" payment orchestration platform ("Craftgate" or the "Company"), announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.

Key Points: 
  • ISTANBUL, Aug. 23, 2023 /PRNewswire/ -- Craftgate Technology, a "One-Stop Shop" payment orchestration platform ("Craftgate" or the "Company"), announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.
  • Based in İstanbul, Türkiye, Craftgate helps e-commerce companies to easily integrate and manage the virtual POS of all banks, many other payment and e-money institutions, alternative and international payment methods, all from a single platform.
  • Craftgate's solutions include virtual POS payment and e-money integration, smart and dynamic payment routing, card storage, one-click payment, recurring payments, closed loop wallet, and payment by link and QR codes, among others.
  • This investment is expected to enable Craftgate to embark on further growth and marketing opportunities.

Craftgate - "One-Stop Shop" payment orchestration platform receives investment from Hepsiburada and D4 Ventures

Retrieved on: 
Wednesday, August 23, 2023
HEPS, Growth, POS, Bradlees, Ecosystem, QR, Partnership, Marketing, USD, Cryptocurrency, Hepsiburada

ISTANBUL, Aug. 23, 2023 /PRNewswire/ -- Craftgate Technology, a "One-Stop Shop" payment orchestration platform ("Craftgate" or the "Company"), announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.

Key Points: 
  • ISTANBUL, Aug. 23, 2023 /PRNewswire/ -- Craftgate Technology, a "One-Stop Shop" payment orchestration platform ("Craftgate" or the "Company"), announces that the Company received USD 1 million investment from D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform and D4 Ventures, a UK-based venture capital company.
  • Based in İstanbul, Türkiye, Craftgate helps e-commerce companies to easily integrate and manage the virtual POS of all banks, many other payment and e-money institutions, alternative and international payment methods, all from a single platform.
  • Craftgate's solutions include virtual POS payment and e-money integration, smart and dynamic payment routing, card storage, one-click payment, recurring payments, closed loop wallet, and payment by link and QR codes, among others.
  • This investment is expected to enable Craftgate to embark on further growth and marketing opportunities.

Hepsiburada Names M. Seçkin Köseoğlu as New CFO Effective January 1, 2024

Retrieved on: 
Friday, August 18, 2023
Istanbul Technical University, HEPS, AMGEN, Electronics manufacturing services, Mechanical engineering, Mechanical, Institute of Management Accountants, Business administration, Danone, Data analysis, CFO, P&G, Master of Business Administration, FMCG, Turkey, Management, Hepsiburada

M. Seçkin Köseoğlu has been appointed as the new CFO of the Company, effective January 1, 2024.

Key Points: 
  • M. Seçkin Köseoğlu has been appointed as the new CFO of the Company, effective January 1, 2024.
  • Mr. Öz will remain with the Company to facilitate a smooth transition and a comprehensive handover of his duties, until December 31, 2023.
  • “On behalf of the Company, I would like to express our sincere gratitude to Korhan for his significant contributions to Hepsiburada.
  • I am truly honored to have been part of this exceptional organization.”
    M. Seçkin Köseoğlu joined Hepsiburada as Vice President responsible for Strategic Finance in February 2023.