D-Market (HEPS) has released an update.
D-MARKET Electronic Services & Trading, known as Hepsiburada, reported strong first quarter financial results for 2024, with a notable increase in gross merchandise value (GMV) by 42.5% and a 45% revenue surge compared to the same quarter in 2023. The company also saw a growth in active customers and a significant improvement in EBITDA, indicating a successful start to the year. These positive results reflect Hepsiburada’s focus on strategic priorities, cost management, and enhanced user experience, contributing to its position as a leading e-commerce platform in Turkey.
For further insights into HEPS stock, check out TipRanks’ Stock Analysis page.
