Hepsiburada was sold to Kazakhs: here is the deal price…
October 18, 2024
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The sale of Hepsiburada can be considered an important step, especially for the export of local producers to Kazakhstan. The agreement is expected to provide important opportunities for
The sale of Hepsiburada can be considered an important step, especially for the export of local producers to Kazakhstan. The agreement is expected to provide important opportunities for entrepreneurs in Türkiye and Kazakhstan.
Hepsiburada and Kaspi signed a strategic agreement
The capital of Hepsiburada For the sale of A and B shares representing 65.4 percent Dogan family with its members on October 17, 2024 a formal agreement has been signed. Kaspi will make $600 million of the payment at closing and the remaining $526.9 million within six months of closing.
Kaspi CEO Micheil Lomtadzestated that the agreement will create new opportunities for SMEs and entrepreneurs in Kazakhstan and Turkey. Hanzade Doğan, founder of Hepsiburada, kaspi He stated that this agreement with Hepsiburada will reveal Hepsiburada’s full potential. Both companies will retain their own brands and organizational structures.
Market Value of HepsiburadaAccording to LSEG data, it was $707 million. This deal will increase the company’s value to $1.7 billion.
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