Kaspi.kz to acquire a 65.41% stake in Hepsiburada for $1.13bn.

Kaspi.kz, a mobile app company, agreed to acquire a 65.41% stake in Hepsiburada, an e-commerce platform, for $1.13bn. “We are excited about the opportunity to join forces with Hepsiburada, one of the leading e-commerce companies in Türkiye. Expanding our addressable market to 100m people has been an important strategic priority for Kaspi.kz," Mikheil Lomtadze, Kaspi.kz CEO and Co-Founder.