Hepsiburada Achieves Strong Growth in Q3 2024

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https://www.tipranks.com/news/the-fly/shake-shack-price-target-lowered-to-110-from-128-at-stifel

D-Market (HEPS) has released an update.

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D-Market’s e-commerce platform, Hepsiburada, reports a strong Q3 2024 performance with a 10.3% increase in gross merchandise value and positive operating income for the first time since its IPO. Despite economic challenges, the company achieved an 18.9% rise in orders and a significant 286.5% growth in EBITDA. These results underscore Hepsiburada’s commitment to sustainable growth and its strategic efforts in expanding its fintech solutions and delivery service.

For further insights into HEPS stock, check out TipRanks’ Stock Analysis page.

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