Connect with us

Technology

Through the “Trade and Technology Empowerment for the Earthquake Region” program, Hepsiburada Contributed to a TRY 5,2 Billion Trade Volume in the Region in a Fifteen Month Period ended May 31, 2024

Published

on

ISTANBUL, July 4, 2024 /PRNewswire/ — D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), announces the fifteen months results of the “Trade and Technology Empowerment for the Earthquake Region” program (the “Program”) for the period from March 6, 2023 to May 31, 2024.

Since the Program’s launch in March 2023:

The total number of active merchants operating in the earthquake region has reached over 8,200, with around 3,800 new businesses selling their products online through Hepsiburada. The number of new businesses increased over 35% in the last three months.Active sellers in the earthquake region sold a total of 8.9 million products through 5.8 million orders, generating a trade volume exceeding TRY 5,2 billion. The trade volume increased around 50% in the last three months.The trade volume generated by over 3,500 women entrepreneurs and women’s cooperatives in the region reached approximately TRY 397 million.Hepsiburada supports existing merchants and organizes training courses and programs for those who are new to the e-commerce market in the E-Commerce Specialization Centers, opened by Hepsiburada in Adana and Hatay.Hepsiburada, in association with the “Promise for Tomorrow Training” program, organized “E-Commerce, Entrepreneurship and Marketing” courses for third and fourth year university students in the provinces affected by the earthquakes. Upon its launch, one hundred young people participated in the training program to commemorate the centennial of the Republic of Türkiye. Hepsiburada is planning to start the second phase of the program in the new academic term.Hepsiburada offered 235 thousand books and toys to the children living in the earthquake area. This is funded through the “Each Order Is A Gift” campaign with the contribution of customersHepsiburada also reached over 4 thousand children in the region through the Program’s social responsibility activities.

The Program is expected to last for two years as of its inception.

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995, and encompasses all statements, other than statements of historical fact contained in this press release, and include but are not limited to statements regarding Hepsiburada’s “Trade and Technology Empowerment for the Earthquake Region” program. These forward-looking statements can be identified by terminology such as “may,” “could,” “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “targets,” “likely to” and similar statements.

These forward-looking statements are based on management’s current expectations. However, it is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors and circumstances that may cause Hepsiburada’s actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements, including conditions in the U.S. capital markets, negative global economic conditions, potential negative developments resulting from epidemics or natural disasters, other negative developments in Hepsiburada’s business or unfavorable legislative or regulatory developments. We caution you therefore against relying on these forward-looking statements, and we qualify all of our forward-looking statements by these cautionary statements. For a discussion of additional factors that may affect the outcome of such forward-looking statements, see our 2023 annual report filed with the SEC on Form 20-F on April 30, 2024 (Commission File Number: 001-40553), and in particular the “Risk Factors” section, as well as the other documents filed with or furnished to the SEC by Hepsiburada from time to time. Copies of these filings are available online from the SEC at www.sec.gov, or on the SEC Filings section of our Investor Relations website at https://investors.hepsiburada.com. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. These forward-looking statements should not be relied upon as representing Hepsiburada’s views as of any date subsequent to the date of this press release. All forward-looking statements in this press release are based on information currently available to Hepsiburada, and Hepsiburada and its authorized representatives assume no obligation to update these forward-looking statements in light of new information or future events. Accordingly, undue reliance should not be placed upon the forward-looking statements.

About Hepsiburada
Hepsiburada is a leading e-commerce technology platform in Türkiye, connecting over 64 million members with over 248 million stock keeping units across over 30 product categories. Hepsiburada provides goods and services through its hybrid model combining first-party direct sales (1P model) and a third-party marketplace (3P model) with approximately 102 thousand merchants.

With its vision of leading the digitalization of commerce, Hepsiburada acts as a reliable, innovative and purpose-led companion in consumers’ daily lives. Hepsiburada’s e-commerce platform provides a broad ecosystem of capabilities for merchants and consumers including: last-mile delivery and fulfilment services, advertising services, on-demand grocery delivery services, and payment solutions offered through Hepsipay, Hepsiburada’s payment companion and BNPL solutions provider. HepsiGlobal offers a selection from international merchants through its inbound arm while outbound operations aim to enable merchants in Türkiye to make cross-border sales.

Since its founding in 2000, Hepsiburada has been purpose-led, leveraging its digital capabilities to develop the role of women in the Turkish economy. Hepsiburada started the ‘Technology Empowerment for Women Entrepreneurs’ programme in 2017, which has supported over 53 thousand female entrepreneurs throughout Türkiye to reach millions of customers with their products.

Logo – https://mma.prnewswire.com/media/2348609/4796248/Hepsiburada_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/through-the-trade-and-technology-empowerment-for-the-earthquake-region-program-hepsiburada-contributed-to-a-try-5-2-billion-trade-volume-in-the-region-in-a-fifteen-month-period-ended-may-31–2024–302189527.html

SOURCE Hepsiburada

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

LiftLab Launches PlatformSense: Delivers Real-Time Intelligence That Makes MMMs React Today, Not Next Quarter

Published

on

By

Marketing mix models now respond to what’s happening today, not three months ago.

OAKLAND, Calif., June 18, 2026 /PRNewswire/ — LiftLab, the Full-Funnel MMM and Incrementality Testing platform, announced PlatformSense: a real-time intelligence layer connecting LiftLab’s Agile MMM to live ad platform data for daily updates to channel effectiveness.

With LiftLab’s PlatformSense, Marketing Mix Models now respond to what’s happening today, not three months ago.

Most MMMs rely on historical data to identify effective channels and investment levels. While this is grounded in statistical rigor, it cannot capture real-time changes: a creative losing effectiveness mid-campaign, a competitor eroding auction position, or a seasonal demand shift moving faster than expected.

Marketing teams rely on two separate sources: platform dashboards, which provide speed but lack verifiability, and MMMs, which are credible but slow. As a result, decisions are often instinct-driven. This gap can lead to significant financial loss. Effective spend scales slowly, while inefficient spend persists. According to industry research, 60% of marketing budgets are lost to planning and execution inefficiencies, making every misallocated dollar more consequential.

“MMMs implicitly assume that all impressions are created equal. Most marketers instinctively know this is wrong, so they often override MMM recommendations. PlatformSense changes this by incorporating real-time signals allowing marketers to discern impression quality as it actually varies. This is not just an improvement — it solves a fundamental problem plaguing econometric measurement for decades,” said John Wallace, CEO, LiftLab.

PlatformSense addresses this gap by connecting LiftLab’s MMM to live platform data — click-through rates, conversion rates, and verified spend signals — delivering daily channel effectiveness updates. The long-term model remains grounded in historical data for reliability, and the daily intelligence layer surfaces current insights. The two work together: stable response curves and live performance signals.

The result is sharper, faster decision-making. When a new creative outperforms, PlatformSense detects it within 24 hours, not after the next quarter model refresh. If a channel becomes inefficient, budget recommendations adjust before overspend accumulates. During seasonal peaks and campaign optimization windows, the model reflects current performance, not historical averages. 

PlatformSense is out of beta and available to enterprise omnichannel brands, D2C/eCommerce brands, and next-generation CPGs. To learn more or schedule a demo, visit https://liftlab.com.

About LiftLab

LiftLab is the Full-Funnel MMM and Incrementality Testing platform trusted by category leaders like SKIMS, Pandora, Birkenstock, and Cinemark. LiftLab enables brands to maximize the value of every media dollar by lowering CAC, improving ROAS, and building long-term brand equity on the P&L.

View original content:https://www.prnewswire.com/news-releases/liftlab-launches-platformsense-delivers-real-time-intelligence-that-makes-mmms-react-today-not-next-quarter-302804548.html

SOURCE LiftLab

Continue Reading

Technology

S3 Recycling Solutions expands to 34,000-square-foot facility

Published

on

By

The new California space triples the size of existing location.

FULLERTON, Calif., Jun 18, 2026 /PRNewswire/ — S3 Recycling Solutions, a nationally recognized IT asset disposition (ITAD) company serving clients across North America, announced the expansion of its California operations with the relocation to a new 34,000-square-foot facility at 2350 Artesia Ave in Fullerton. The move triples the company’s existing California footprint and supports increasing demand across the Western United States.

The company expects to complete the transition to the new facility within 60 days.

“This expansion represents a strategic investment in infrastructure, people, and systems to support long-term growth and increasing client demand across the West Coast,” said Rod McDaniel, CEO of S3 Recycling Solutions.

S3 encourages organizations looking for a secure, transparent, and scalable ITAD partner to schedule a pickup today.

The California expansion coincides with several major milestones for S3, including:

the 10-year anniversary of Rod McDaniel’s leadership.the two-year anniversary of S3’s acquisition of iGlobal Asset Management.the 2025 acquisition of assets of ERS in Gallatin, Tenn.S3’s implementation of an enterprise resource planning platform, Makor ERP 2.0. The system unifies operations into a single platform, enabling real-time visibility, improved processing speed, serialized chain-of-custody tracking, and enhanced reporting capabilities for clients while increasing operational efficiency.

The new Fullerton facility will operate as a full-service processing location aligned with S3’s Tennessee operations and is expected to significantly increase processing capacity, improve turnaround times, and support continued client growth throughout healthcare, enterprise, and technology sectors.

S3 plans to pursue R2v3 certification at the new Fullerton facility, with a target completion date in Q2 2027. S3’s Tennessee facility currently maintains R2v3 certification, as well as ISO 9001, ISO 14001, and ISO 45001 certifications, which support quality management systems, environmental responsibility, and employee health and safety standards across the organization.

In 2025, S3 processed more than 500,000 devices across its operations in Tennessee and California. In 2026, S3 is projected to achieve more than 3,000 percent revenue growth since 2016, a benchmark that has been accomplished through acquisitions, operational standardization, technology investments, and enterprise client expansion across North America.

About S3 – S3 is a full-service ITAD firm that helps businesses responsibly and securely manage their electronic and biomed assets. S3 customers reduce the cost of ownership of their assets while receiving the industry’s highest safety and security standards. For more information, visit www.s3rs.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/s3-recycling-solutions-expands-to-34-000-square-foot-facility-302804549.html

SOURCE S3 Recycling Solutions

Continue Reading

Technology

Capital, Policy, Corporates, Connectivity: New Guide Maps the Four Strengths Powering Singapore’s Climate-Tech Ecosystem

Published

on

By

New Venture Climate Alliance guide details how Singapore anchors climate technology commercialization across Southeast Asia — a practical resource for companies, investors, and ecosystem stakeholders, produced through the philanthropic HSBC-supported Innovation Scaling Initiative

SAN FRANCISCO, June 18, 2026 /PRNewswire/ — Today the Venture Climate Alliance (VCA) has launched the Singapore Climate Technology Ecosystem Guide, a practical resource designed to help climate technology companies, investors, and ecosystem stakeholders navigate one of the world’s most important growth markets for climate innovation and regional expansion.

Developed through VCA’s Innovation Scaling Initiative and supported by HSBC, the guide provides insights into Singapore’s climate technology ecosystem, including the capital stack, policy and regulatory frameworks, corporate landscape, and pathways for expansion across Southeast Asia.

As climate technologies move beyond innovation toward commercial deployment, founders and investors increasingly face questions about where to establish regional operations, access customers, attract capital, and scale solutions. The guide aims to address these questions by providing practical intelligence on Singapore’s role as a platform for climate technology commercialization and regional growth.

The research draws on more than 200 publicly available sources, interviews, and insights from ecosystem leaders across government, investment, corporate, and startup communities.

“HSBC is proud to support the Venture Climate Alliance’s practical guide for climate tech start-ups and investors entering the Singapore market and beyond. Too often progress is slowed by market complexity—policy nuance, fragmented demand, partnership dependencies, access to capital and perceived and actual risk —rather than technology. This report turns ecosystem insight into actionable guidance to reduce friction and help innovators scale from pilots to deployment.”

Kiran Sura, Global Head of Sustainability Partnerships, HSBC

“Climate technology is at an inflection point; the solutions exist but scaling them into new markets remains one of the sector’s greatest challenges. Southeast Asia is a standout global growth opportunity combining urgent need, rising demand, and an increasingly sophisticated capital ecosystem. Singapore sits at the heart of this, offering the stability, connectivity, and financial infrastructure innovators need to move from validation to large-scale deployment. Guides like this help turn ecosystem complexity into actionable insight, helping founders and investors to make faster, better-informed decisions about where and how to grow.”

Thomas Miles, Senior Manager, Sustainable Finance & Transition, Climate Tech, HSBC

“Across the ecosystem, we heard a common challenge: companies don’t just need capital. They need the partners, policy support, corporate demand, and regional connections that must come together for a solution to scale. Singapore’s strength lies in how it brings these elements together within a highly connected ecosystem. This guide was developed to help founders, investors, and ecosystem stakeholders better understand that landscape and identify practical pathways for commercialization and regional expansion across Southeast Asia.”

Kate Costaris, Venture Climate Alliance

The guide identifies four key strengths that position Singapore at the center of climate technology commercialization across Southeast Asia:

Access to capital through a deep ecosystem of venture capital, growth investors, institutional capital, blended finance vehicles, and government-supported funding programs. Singapore accounts for over half of ASEAN’s green, social, sustainability, and sustainability-linked bond and loan issuance.A coordinated policy environment that provides regulatory clarity and long-term support for climate innovation and deploymentDense corporate networks that create opportunities for pilot projects, commercial partnerships, and customer acquisitionStrategic regional connectivity that enables companies to coordinate growth and deployment across Southeast Asia

The release marks the first in a planned series of Innovation Scaling Initiative market guides exploring key growth climate technology markets globally.

The full guide is available here: https://ventureclimatealliance.org/resources/singapore-guide

About Venture Climate Alliance

The Venture Climate Alliance (VCA) is a global non-profit network of leading venture capital firms that provides general partners and portfolio companies with practical tools, market intelligence, support, and connections to help identify opportunities arising from the transition to a low-carbon economy and navigate climate-related risks. Founded by VCs for VCs, the VCA membership represents more than US$60 billion in assets under management. The VCA helps its members shape best practices, address ecosystem-wide challenges, and embed commercially relevant, climate-aligned strategies within portfolios from day one.

About the Innovation Scaling Initiative

The Innovation Scaling Initiative (ISI) is a two-year program designed to accelerate the commercialization and deployment of climate technologies. Philanthropically sponsored by HSBC and delivered by Venture Climate Alliance in close collaboration with its members, ecosystem partners, and Node, the initiative works to address critical scaling barriers facing climate technology companies through research, ecosystem engagement, market intelligence, and strategic convening.

About HSBC

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,306bn at 31 March 2026, HSBC is one of the world’s largest banking and financial services organisations.

View original content to download multimedia:https://www.prnewswire.com/news-releases/capital-policy-corporates-connectivity-new-guide-maps-the-four-strengths-powering-singapores-climate-tech-ecosystem-302804550.html

SOURCE Venture Climate Alliance (VCA)

Continue Reading

Trending