Strong Financial Performance
Payments saw a TPV increase of 28% and net income up by 25% year-over-year. Marketplace revenue grew by 43%, with a 14% increase in net income. Fintech showed strong growth, with a CSP increase of 18% and revenue up by 24%.
E-grocery and Vacation Packages Growth
E-grocery GMV grew by 88% year-over-year with over 2.4 million purchases in Q3. Vacation packages saw over 300% growth year-over-year, serving approximately 26,000 tourists in Q3.
Innovative Product Launches
Launched a new gift certificate service with positive consumer feedback and a business deposit product for merchants, attracting 41,000 merchants within two months.
Hepsiburada Acquisition
Acquiring a controlling stake in Hepsiburada, a significant move to enter the Turkish market, emphasizing a cultural fit and shared vision with the founders.