D-MARKET Electronic Services & Trading ADR (HEPS)

D-MARKET Electronic Services & Trading (NASDAQ: HEPS), operating as Hepsiburada, announced that its Extraordinary General Assembly of Shareholders, held on August 14, 2026, approved a proposed share capital increase. The company's Board of Directors subsequently resolved to proceed with this increase, which will involve amendments to the company's Articles of Association. This decision follows a duly convened meeting in Istanbul where shareholders adopted the agenda items by majority vote.

Bernstein Liebhard LLP reminds investors of the December 20, 2021 deadline to file a lead plaintiff motion in a securities class action lawsuit against Hepsiburada (NASDAQ: HEPS). The lawsuit, filed on behalf of investors who purchased shares between July 1, 2021, and August 26, 2021, alleges that Hepsiburada's IPO registration statement was materially false and misleading, failing to disclose a sharp deceleration in operational and sales growth in Q2 2021. Following the announcement of disappointing Q2 2021 financial results, the company's share price dropped significantly, causing damage to investors.

Wall Street Zen has downgraded D-MARKET Electronic Services & Trading (NASDAQ:HEPS) to a "sell" rating from a "hold," with Weiss Ratings reaffirming its "sell (D-)" rating. The company reported a quarterly loss of $0.11 per share on $483.32 million in revenue, experiencing negative net margin and return on equity. Despite the downgrade, institutional investors and hedge funds own approximately 40.46% of the company, with several firms increasing or initiating positions.

D-MARKET Electronic Services & Trading (NASDAQ:HEPS) experienced a 22% increase in trading volume, with shares edging up to $2.86. Despite this, analyst sentiment remains cautious, with an average "Reduce" rating and a target price of $3.07. The company reported a quarterly loss of $0.11 per share on $483.32 million in revenue, while institutional investors hold a significant 40.46% stake in the company.

Hepsiburada (D-MARKET Electronic Services & Trading) reported its Q2 2026 financial results, with revenue increasing 3.1% year-over-year to TRY 22,810.9 million, driven primarily by 3P marketplace revenue growth. Despite revenue growth and increased order frequency, the company's net loss widened significantly to TRY 1,889.6 million from TRY 956.2 million in Q2 2025, largely due to higher financial expenses, advertising, shipping, and payroll costs. EBITDA also saw a substantial decline, and total equity turned negative, reflecting continued investments in growth initiatives and the impact of hyperinflationary accounting under IAS 29.