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D Market Elektronik announces closing of change of control transaction

D Market Elektronik announces closing of change of control transaction

D-MARKET Electronic Services & Trading announces the closing, on January 29, 2025, of the previously disclosed transaction between Joint Stock Company Kaspi.kz, a joint stock company incorporated under the laws of Kazakhstan, and Hanzade Vasfiye Doan Boyner, Hepsiburada’s founder, Vuslat Doan Sabanc, Yaar Begumhan Doan Faralyal, Arzuhan Doan Yalcnda and Il Doan, pursuant to the Stock Purchase Agreement entered into on October 17, 2024 by and among the Buyer and the Sellers.

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