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Hepsiburada’s Hepsifinans Completes Fourth Bond Issuance

Story Highlights

D-Market ( (HEPS) ) has provided an update.

On April 30, 2025, Hepsiburada’s subsidiary, Hepsi Finansman A.Ş., completed its fourth bond issuance, valued at TRY 66,950,000, targeting domestic qualified investors. This issuance, with a six-month maturity and an interest rate of 52% per annum, is part of a broader strategy approved by the Capital Markets Board to issue bonds up to TRY 1,050,000,000. The funds raised are intended to support the sustainable growth of Hepsiburada’s consumer finance business, potentially enhancing its market position and offering new opportunities for stakeholders.

Spark’s Take on HEPS Stock

According to Spark, TipRanks’ AI Analyst, HEPS is a Neutral.

D-Market is on a positive trajectory with strong revenue growth and improved profitability metrics. However, ongoing net losses and macroeconomic challenges remain concerns. The earnings call provided a positive outlook, while technical indicators are mixed, suggesting cautious optimism.

To see Spark’s full report on HEPS stock, click here.

More about D-Market

Hepsiburada is a prominent e-commerce technology platform in Türkiye, operating through a hybrid model that includes both first-party direct sales and a third-party marketplace, with around 100,000 merchants. The company aims to lead the digitalization of commerce, offering a wide range of services such as last-mile delivery, fulfillment services, advertising solutions, cross-border sales, and payment services through its integrated fintech platform, Hepsipay. Since its inception in 2000, Hepsiburada has been committed to empowering women in the Turkish economy, notably through its ‘Technology Empowerment for Women Entrepreneurs’ program launched in 2017.

YTD Price Performance: -18.67%

Average Trading Volume: 590,967

Technical Sentiment Signal: Hold

Current Market Cap: $1.06B

For an in-depth examination of HEPS stock, go to TipRanks’ Stock Analysis page.

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