Hepsiburada's GMV Increased by 45.1% YoY to TRY 25.7B
Portfolio Pulse from Benzinga Newsdesk
Hepsiburada reported a 45.1% year-over-year increase in Gross Merchandise Value (GMV) to TRY 25.7 billion in Q3 2022. Additionally, IAS 29-Unadjusted GMV saw a significant rise of 126.2% to TRY 24.3 billion compared to the same quarter.
December 05, 2023 | 11:08 am
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POSITIVE IMPACT
Hepsiburada's significant growth in GMV suggests strong performance and could positively influence investor sentiment in the short term.
The substantial increase in GMV for Hepsiburada indicates a robust growth trajectory, which is typically viewed favorably by investors. This positive performance metric is likely to lead to increased investor confidence and could result in a short-term uplift in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100