D-Market (HEPS) has released an update.
D-Market Electronic Services & Trading, also known as Hepsiburada, reported its Q2 2024 financials, showing a slight gross merchandise value increase and a 33.3% rise in orders despite challenging economic conditions. While revenue remained flat, the company’s EBITDA saw significant growth, but the period resulted in a loss compared to the income in Q2 2023. Hepsiburada continues to assert its position as Türkiye’s top e-commerce brand, with a growing loyalty program and advancements in its sustainable logistics solutions.
For further insights into HEPS stock, check out TipRanks’ Stock Analysis page.
