Hepsiburada to Announce its Third Quarter 2023 Results on December 5, 2023 and Announces Incorporation of Hepsiburada Global B.V.
25 November 2023 - 12:00AM
D-MARKET Electronic Services & Trading (d/b/a
“Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce
platform, will report its third quarter 2023 results on December 5,
2023. Hepsiburada also announces today the incorporation of
Hepsiburada Global B.V.
Hepsiburada to Announce its Third
Quarter 2023 Results on December 5, 2023
Hepsiburada will report its unaudited financial
results for the third quarter ending September 30, 2023 before the
U.S. market opens on Tuesday, December 5, 2023.
Conference Call and
Webcast Details
Hepsiburada’s management will host an analyst
and investor conference call and live webcast to discuss its
financial results at 16.00 İstanbul / 13.00 London / 8.00 a.m. New
York time on Tuesday, December 5, 2023.
Live webcast
can be accessed via
https://87399.themediaframe.eu/links/hepsiburada231205.html.
A replay will be available on the Hepsiburada
Investor Relations website https://investors.hepsiburada.com
following the call.
Hepsiburada’s results
presentation will be available on the Hepsiburada Investor
Relations website https://investors.hepsiburada.com on December 5,
2023.
Incorporation of Hepsiburada Global
B.V.
In line with Hepsiburada’s strategy to expand
its operations, Hepsiburada has established a wholly-owned
subsidiary in the Netherlands under the tradename Hepsiburada
Global B.V with an aggregate issued share capital of EUR 1,000,000.
Hepsiburada Global B.V. is expected to facilitate Hepsiburada’s
integration with European payment solutions and marketplaces.
Forward-Looking Statements
This press release includes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, Section 21E of the Securities Exchange Act of
1934, as amended and the Safe Harbor provisions of the US Private
Securities Litigation Reform Act of 1995, and encompasses all
statements, other than statements of historical fact contained in
this press release, and include but are not limited to statements
regarding Hepsiburada’s integration with European payment solutions
and marketplaces. These forward-looking statements can be
identified by terminology such as “may,” “could,” “will,”
“expects,” “anticipates,” “aims,” “future,” “intends,” “plans,”
“believes,” “estimates,” “targets,” “likely to” and similar
statements.
These forward-looking statements are based on
management’s current expectations. However, it is not possible for
our management to predict all risks, nor can we assess the impact
of all factors on our business or the extent to which any factor,
or combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements
we may make. These statements are neither promises nor guarantees
but involve known and unknown risks, uncertainties and other
important factors and circumstances that may cause Hepsiburada’s
actual results, performance or achievements to be materially
different from its expectations expressed or implied by the
forward-looking statements, including conditions in the U.S.
capital markets, negative global economic conditions, potential
negative developments resulting from epidemics or natural
disasters, other negative developments in Hepsiburada’s business or
unfavorable legislative or regulatory developments. We caution you
therefore against relying on these forward-looking statements, and
we qualify all of our forward-looking statements by these
cautionary statements. For a discussion of additional factors that
may affect the outcome of such forward-looking statements, see our
2022 annual report filed with the SEC on Form 20-F on May 1, 2023
(Commission File Number: 001-40553), and in particular the “Risk
Factors” section, as well as the other documents filed with or
furnished to the SEC by Hepsiburada from time to time. Copies of
these filings are available online from the SEC at www.sec.gov, or
on the SEC Filings section of our Investor Relations website at
https://investors.hepsiburada.com. These and other important
factors could cause actual results to differ materially from those
indicated by the forward-looking statements made in this press
release. Any such forward-looking statements represent management’s
estimates as of the date of this press release. These
forward-looking statements should not be relied upon as
representing Hepsiburada’s views as of any date subsequent to the
date of this press release. All forward-looking statements in this
press release are based on information currently available to
Hepsiburada, and Hepsiburada and its authorized representatives
assume no obligation to update these forward-looking statements in
light of new information or future events. Accordingly, undue
reliance should not be placed upon the forward-looking
statements.
About Hepsiburada
Hepsiburada is a leading e-commerce technology
platform in Türkiye, connecting over 59 million members with
approximately 195 million stock keeping units across over 30
product categories. Hepsiburada provides goods and services through
its hybrid model combining first-party direct sales (1P model) and
a third-party marketplace (3P model) with 101,300 merchants.
With its vision of leading the digitalization of
commerce, Hepsiburada acts as a reliable, innovative and
purpose-led companion in consumers’ daily lives. Hepsiburada’s
e-commerce platform provides a broad ecosystem of capabilities for
merchants and consumers including: last-mile delivery and
fulfilment services, advertising services, on-demand grocery
delivery services, and payment solutions offered through Hepsipay,
Hepsiburada’s payment companion and BNPL solutions provider.
HepsiGlobal offers a selection from international merchants through
its inbound arm while outbound operations aim to enable merchants
in Türkiye to make cross-border sales.
Since its founding in 2000, Hepsiburada has been
purpose-led, leveraging its digital capabilities to develop the
role of women in the Turkish economy. Hepsiburada started the
‘Technology Empowerment for Women Entrepreneurs’ program in 2017,
which has supported over 45.4 thousand female entrepreneurs
throughout Türkiye to reach millions of customers with their
products.
Investor Relations
Contactir@hepsiburada.com
Media
Contactcorporatecommunications@hepsiburada.com
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