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flag Kaspi.kz acquires 65.41% of Hepsiburada for $1.127B, pending regulatory approvals, closing in early 2025.

flag Kaspi.kz, a major e-commerce platform in Kazakhstan, will acquire 65.41% of Turkey's Hepsiburada for about $1.127 billion, payable in two parts. flag The deal, pending regulatory approvals, is expected to close in early 2025. flag Both companies will retain their brands and operations while aiming to enhance opportunities for small and medium enterprises in their respective markets through combined expertise in e-commerce and digital services.

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