Hepsiburada Finishes Off US IPO As It Eyes Super-App Future

Hepsiburada may not be a household name here in the U.S., but as of its IPO on the Nasdaq on Thursday (July 1), the company now carries a $1.9 billion valuation from the first-of-its-kind listing by a Turkish firm. With the funds now in hand, the massive online shopping platform is looking to expand its menu of offerings for consumers with services like travel booking and money transfers.