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Hepsiburada Restructures Board and Governance in EGM

Story Highlights
  • Hepsiburada restructured its board, reducing members and electing new leadership.
  • Key governance changes include removing Class A share privileges and appointing a new General Counsel.
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Hepsiburada Restructures Board and Governance in EGM

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D-Market ( (HEPS) ) just unveiled an update.

On January 31, 2025, Hepsiburada announced the results of its Extraordinary General Assembly Meeting (EGM) where significant changes were made to the company’s board and governance structure. The shareholders approved a reduction in board size and elected new members, including Mikheil Lomtadze as Chairman and Yuri Didenko as Vice Chairman. Changes were also made to the Articles of Association, notably removing privileges for Class A shares and revising several articles. Additionally, Hepsiburada confirmed the appointment of Güneş Akman Özcan as the General Counsel and Corporate Secretary, formalizing a role she had been acting in since January 1, 2024.

More about D-Market

Hepsiburada is a leading e-commerce technology platform based in Türkiye, operating since 2000. It combines first-party direct sales and a third-party marketplace with approximately 100,000 merchants. The platform offers a wide range of services including last-mile delivery, advertising solutions, and fintech services through Hepsipay, which provides digital wallets and payment options to enhance shopping convenience.

YTD Price Performance: 4.43%

Average Trading Volume: 638,505

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.06B

Learn more about HEPS stock on TipRanks’ Stock Analysis page.

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