D Market Electronic Services And Trading (HEPS) Directors and Executive Officers

1. Mr. Ahmed Al Mohannadi (Chairman)
2. Mr. Salim Al-Mannai (Vice Chairman)
3. Mr. Omar Al-Naimi (Member)
4. Mr. Mohamed Hussain Al-Sada (Member)
5. Mr. Jassim Al-Kuwari (Member)

Executive Leadership Team:
1. Mr. Ahmed Khalil Al-Mannai (CEO)
2. Mr. Abdulaziz Al Thani (CFO)
3. Mr. Mohammed AlMashrafi (Chief Technology Officer)
4. Mr

News about D market Electronic Services and Trading Key Personnel

Turbulent Waters to Steady Shores: Hepsiburada’s Rise Amidst Ownership Shift and Financial Revival

Outline of Facts:1. Asset-Backed Security Issuance: - Hepsiburada announced its fourth issuance of asset-backed securities amounting to TRY 500 million on March 14, 2025. 2. Financial Performance: - The company reported a return on equity (ROE) of 2.29% in Q4 2023, marking a significant recovery from a devastating -97.31% in Q3 2023, fueled by net income growth. - Despite the positive trend, Hepsiburada s ROE positioning deteriorated in the total ranking from 1911 after Q3.3. Strategic Ownership Change: - On January 29, 2025, Kaspi.kz completed its acquisition to hold a majority stake in Hepsiburada, signaling a major strategic shift for the Turkish e-commerce platform. - The acquisition involved...

Hepsiburada and Jumia Collaborate to Enhance E-Commerce Accessibility in North Africa

In a strategic move aimed at bolstering e-commerce capabilities in North Africa, Turkish e-commerce platform Hepsiburada has announced a partnership with Jumia, a leading online marketplace in Africa. This collaboration seeks to unlock a broader selection of products for North African consumers, enhancing their shopping experience and catering to diverse needs in an increasingly competitive market.Hepsiburada, renowned for its cutting-edge technology and extensive product offerings, brings a wealth of expertise and resources to this venture. By leveraging its established logistics and technological framework, Hepsiburada aims to complement Jumia’s existing infrastructure, which has already made significant...

Resilience in Turmoil: Hepsiburadas Strategic Evolution Amidst Adversity

In a rapidly shifting economic landscape marked by both opportunity and challenge, D-MARKET Electronic Services and Trading—known more commonly as Hepsiburada—is navigating its complex terrain with a mix of governance reform, impressive financial recovery, and community-focused initiatives. The company recently confirmed enhancements in its Board of Directors structure, underscoring a proactive stance towards governance in compliance with the Turkish Commercial Code. This reorganization coincides with an expanded mandate for the Risk Committee, reflecting a shift toward better risk management amidst a globally volatile market landscape.Financial Recovery and Performance MetricsNotably, Hepsiburada has s...

Hepsiburada’s Trade and Technology Empowerment Program: A Beacon of Recovery and Growth for Earthquake-Affected Regions in Turkey

In the wake of the catastrophic 7.8 magnitude earthquake that ravaged eleven cities across southeastern Turkey on February 6, 2023, the Turkish e-commerce giant, Hepsiburada (NASDAQ: HEPS), took a decisive step forward to support the affected communities through its Trade and Technology Empowerment for the Earthquake Region program. Spanning an 18-month period from March 6, 2023, to September 6, 2024, the program aims not only to assist in immediate recovery efforts but also to build long-term economic resilience in the region.The initiative marks a significant milestone in the company s broader mission to leverage its technological capabilities for social good. In just the first year of operations, Hepsibur...

Hepsiburada Empowers Earthquake-hit Region with Trade and Technology Program

In the aftermath of the devastating 7.8 magnitude earthquake that struck eleven cities in southeast Turkey on February 6, 2023, Hepsiburada, a leading Turkish e-commerce platform, initiated the Trade and Technology Empowerment for the Earthquake Region program. This article delves into the significant contributions made by Hepsiburada towards revitalizing the region s economy and its efforts to strengthen its market value through strategic acquisitions.
Trade and Technology Empowerment for the Earthquake Region Program:
From March 6, 2023, to February 1, 2024, Hepsiburada s Program played a pivotal role in driving economic growth within the earthquake-affected region. The company facilitate...