Kaspi.kz Reports Robust Growth and Strategic Expansion

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Kaspi.kz JSC Sponsored ADR RegS (KSPI) has released an update.

Kaspi.kz has reported strong financial performance for the first nine months of 2024, with revenue and net income up 34% and 23% year-over-year, respectively. The company’s rapid growth in its Marketplace and Payments platforms, along with strategic acquisitions such as a controlling stake in Türkiye’s Hepsiburada, positions it for further expansion and profitability. With innovations like Kaspi Gift Cards and a new merchant deposit service, Kaspi.kz continues to enhance user engagement and market presence.

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