Hepsiburada’s New CFO M. Seçkin Köseoğlu Takes Office Effective January 1, 2024

Rhea-AI Summary

D-MARKET Electronic Services & Trading (d/b/a 'Hepsiburada') (NASDAQ: HEPS) appoints M. Seçkin Köseoğlu as Chief Financial Officer (CFO)

ISTANBUL, Türkiye, Jan. 03, 2024 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announced that M. Seçkin Köseoğlu has officially taken on the role of the Company’s Chief Financial Officer (“CFO”), effective January 1, 2024. As previously announced on August 18, 2023, former CFO, Mr. Öz, will continue to hold his current board member positions in certain subsidiaries of the Company.

About Hepsiburada

Hepsiburada is a leading e-commerce technology platform in Türkiye, connecting over 61 million members with approximately 211 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 over 101 thousand 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’ programme in 2017, which has supported over 47.5 thousand female entrepreneurs throughout Türkiye to reach millions of customers with their products.

Investor Relations Contact
ir@hepsiburada.com

Media Contact
corporatecommunications@hepsiburada.com

FAQ

Who is the new Chief Financial Officer of D-MARKET Electronic Services & Trading?

M. Seçkin Köseoğlu has officially taken on the role of the Chief Financial Officer (CFO) of D-MARKET Electronic Services & Trading (d/b/a 'Hepsiburada') (NASDAQ: HEPS).

When did M. Seçkin Köseoğlu assume the role of Chief Financial Officer?

M. Seçkin Köseoğlu assumed the role of Chief Financial Officer (CFO) effective January 1, 2024.

Who was the former CFO of D-MARKET Electronic Services & Trading?

The former CFO of D-MARKET Electronic Services & Trading was Mr. Öz, who will continue to hold his current board member positions in certain subsidiaries of the Company.

What is the ticker symbol for D-MARKET Electronic Services & Trading on NASDAQ?

The ticker symbol for D-MARKET Electronic Services & Trading on NASDAQ is HEPS.