D-Market Elektronik Hizmetler ve Ticaret A.S.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Nilhan Gokcetekin
- Full Time Employees
- 3,743
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Kustepe Mahallesi Mecidiyekoy Istanbul Türkiye 34387
- IPO Date
- Jul 1, 2021
- CIK
- 0001850235
- Website
- hepsiburada.com
- Similar Companies
- Business
- D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) operates as a leading e-commerce platform in Turkey under the Hepsiburada brand, offering a wide range of consumer products through its online retail website www.hepsiburada.com and integrated services. The company provides electronics and non-electronics items including books, sports equipment, toys, kids and baby products, cosmetics, furniture, apparel, groceries, home appliances, and automotive parts; it also delivers over 195 million items across more than 30 categories such as fashion, personal care, pet supplies, and hobby goods. Core services encompass Hepsiburada Market for third-party marketplace sales and on-demand delivery, HepsiJet for last-mile delivery and two-man cargo handling, HepsiLojistik for fulfillment, HepsiMat for pick-up and drop-off points, HepsiAd for advertising, Hepsipay and Hepsifinans for e-wallets, payments, buy-now-pay-later financing, consumer lending, and debit cards, Hepsiburada Seyahat for airline tickets, Hepsiburada Premium loyalty program with free delivery and cashback, and Hepsiglobal for cross-border sales. Founded in 2000 and headquartered in Istanbul, Turkey, at Kustepe Mahallesi Mecidiyekoy Yolu Cad. No: 12, the company primarily serves the Turkish market with expansion into international sales via Hepsiglobal and operates in the internet retail sector of consumer discretionary, targeting individual consumers, merchants, and businesses through hybrid direct sales and marketplace models. In October 2024, Joint Stock Company Kaspi.kz acquired a controlling 65.41% stake for $1.1 billion, establishing D-Market as its subsidiary and enabling strategic synergies in fintech and logistics across Turkey and Kazakhstan; this followed Q2 2025 advancements in logistics diversification with HepsiJet handling 74% of parcels, fintech expansion via Hepsipay to over 17 million users, and marketplace growth to 70.4% of gross merchandise value.
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D-Market Elektronik Hizmetler ve Ticaret A.S. (HEPS) Q4 2024 Results Conference Call Transcript