Los Angeles - 
(NewMediaWire) - October 12, 2021 - The Schall Law Firm, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of D-MARKET
Elektronik Hizmetler ve Ticaret Anonim Sirketi d/b/a Hepsiburada (“Hepsiburada” or “the Company”) (NASDAQ: HEPS) for
violations of the securities laws.
The investigation focuses on whether the Company
issued false and/or misleading statements and/or failed to disclose information
pertinent to investors. Hepsiburada announced its second quarter 2021 financial
results on August 26, 2021. The Company reported that its revenue grew by 5.2%
for the quarter. The Company also disclosed “lower gross contribution driven
primarily by investments to fortify our position in electronics, investments to
penetrate in high frequency categories as well as higher customer demand for
low margin products.” Based on this news, Hepsiburada’s ADS price fell sharply
and are trading at less than its IPO price.
If you are a shareholder who
suffered a loss, click
here to participate.
We also encourage you to contact
Brian Schall of the Schall Law Firm, 2049
Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also
reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.
The class in this case has not
yet been certified, and until certification occurs, you are not represented by
an attorney. If you choose to take no action, you can remain an absent class
member.
The Schall Law Firm represents
investors around the world and specializes in securities class action lawsuits
and shareholder rights litigation.
This press release may be
considered Attorney Advertising in some jurisdictions under the applicable law
and rules of ethics.
CONTACT:
The Schall
Law Firm
Brian Schall, Esq.
310-301-3335
