ISTANBUL
Hepsiburada, Türkiye’s main e-commerce platform, has reported that its gross merchandise quantity (GMV), unadjusted for inflation, grew by 57 % within the second quarter from a 12 months in the past to 9.2 billion Turkish Liras.
The variety of orders within the April-June interval rose by 8 % to 14.1 million, whereas energetic prospects grew from 9.9 million within the second quarter of final 12 months to 11.7 million, with frequency up 23.2 % to five.2 %, the corporate stated in a press release.
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Hepsiburada elevated its energetic service provider base from 61,000 to 88,700, and the variety of SKUs exhibited a 107 % year-on-year enhance to 130.3 million.
The corporate’s share of market GMV declined from 68.7 % within the second quarter of 2021 to 64 %.
Within the first half of 2022, GMV elevated by 3.1 from a 12 months in the past to 19.7 billion liras, with revenues rising 4.6 % to six.01 billion liras. The variety of energetic prospects reached 11.7 million, up 17.5 %.
“Primarily based on our efficiency within the first half of 2022, we’re elevating our GMV progress steering from round 50 % to round 60 % for the complete 12 months 2022 in comparison with 2021, on an unadjusted for inflation foundation,” the corporate stated in a press release.
“The macroeconomic surroundings has been difficult, with rising inflation on the forefront of each the native and international markets throughout the first half of 2022. On this surroundings, we recorded continued order progress throughout the second quarter. Wanting forward, we stay centered on constructing on our robust worth proposition to assist each prospects and retailers,” commented Murat Emirdağ, the CEO.
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Emirdağ has determined to step down from his CEO duties for private causes as of January 2023 to get replaced by Nilhan Önal.