D-Market ( (HEPS) ) just unveiled an announcement.
On March 14, 2025, Hepsiburada announced the fourth issuance of asset-backed securities amounting to TRY 500 million, which settled on March 12, 2025. This issuance is part of a TRY 2 billion limit authorized by the Capital Markets Board and involves Hepsiburada as the originating entity with respect to its BNPL receivables. The funds raised are intended to support the sustainable growth of its BNPL business and reduce its impact on working capital. This marks the continuation of Hepsiburada’s strategy following previous issuances in 2024, indicating a robust approach to leveraging financial instruments for business expansion.
More about D-Market
Hepsiburada is a leading e-commerce technology platform in Türkiye, operating through a hybrid model that combines first-party direct sales and a third-party marketplace with approximately 100 thousand merchants. The platform offers a broad ecosystem of capabilities for merchants and consumers, including last-mile delivery, fulfilment services, advertising solutions, cross-border sales, and payment services. Hepsiburada’s integrated fintech platform, Hepsipay, provides secure payment solutions, enhancing shopping convenience for consumers and driving higher sales conversions for merchants. Since its founding in 2000, Hepsiburada has been purpose-driven, leveraging its digital capabilities to empower women in the Turkish economy.
YTD Price Performance: 0.32%
Average Trading Volume: 563,374
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.06B
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