D-Market ( (HEPS) ) just unveiled an announcement.
On January 29, 2025, D-Market Electronic Services & Trading, operating as Hepsiburada, announced the closing of a significant transaction involving the sale of its controlling shares to Joint Stock Company Kaspi.kz. The transaction, initially agreed on October 17, 2024, involved the acquisition of 65.41% of Hepsiburada’s outstanding shares for approximately $1,127 million, making Kaspi.kz the new controlling shareholder. This move represents a substantial shift in Hepsiburada’s ownership structure, potentially impacting its strategic direction and market influence.
More about D-Market
Hepsiburada is a leading e-commerce technology platform based in Türkiye. It operates through a hybrid model combining first-party direct sales and a third-party marketplace, featuring approximately 100,000 merchants. The company offers an extensive ecosystem that includes last-mile delivery, fulfillment services, advertising solutions, cross-border sales, and integrated fintech services such as Hepsipay, which provides digital wallets and payment solutions.
YTD Price Performance: -0.63%
Average Trading Volume: 656,090
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.01B
For detailed information about HEPS stock, go to TipRanks’ Stock Analysis page.