Stratrix
On the Record · D-MARKET Electronic Services & Trading

D-MARKET Electronic Services & Trading acquisitions, on the record

The businesses D-MARKET Electronic Services & Trading bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Hepsifinans (formerly Doruk Finansman)
Word for word“The acquisition closed in February 2022 for a total transaction value of TRY 20 million in nominal terms.” 20-F for 2023
acquisitionclosed in February 2022TRY 20 million in nominal terms
Hepsifinans (formerly Doruk Finansman A.Ş.)
Word for word“On December 16, 2021, Hepsiburada, through Hepsi Finansal, entered into a Share Sale and Purchase Agreement with the holders of 100% of the equity interest in Hepsifinans (formerly known as Doruk Finansman): Doğan Şirketler Grubu Holding A.Ş. (“ Doğan Holding ”), the holder of 97% equity interest in Hepsifinans, Doğan Dış Ticaret ve Mümessillik A.Ş. and Doğan family individuals (collectively, the “ Sellers ”), to acquire a 100% stake in Hepsifinans, for a total transaction value of TRY 20 million in nominal terms (equivalent to US$1.3 million as of December 16, 2021) (the “ Transaction Value ”).” 20-F for 2023
agreed acquisitionOn December 16, 2021for a total transaction value of TRY 20 million in nominal terms
Hepsifinans
Word for word“Upon completion of the acquisition of 100% of the equity of Hepsi Finansman A.Ş. (“ Hepsifinans ”) by Hepsi Finansal on February 28, 2022, Hepsifinans became our indirect wholly-owned subsidiary.” 20-F for 2024
acquisitionFebruary 28, 2022—
Potential acquisition of Rabobank Group's Turkish subsidiary by controlling shareholder
Word for word“as a result of our controlling shareholder’s potential acquisition of Rabobank Group’s Turkish subsidiary, subject to regulatory and contractual approvals, as announced in March 2025.” 20-F for 2024
agreed acquisitionMarch 2025—
Doruk Finansman
Word for word“In 2022, we acquired Doruk Finansman, a consumer finance company in Türkiye.” 20-F for 2025
acquisitionIn 2022—

Read from D-MARKET Electronic Services & Trading’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.