The online retailer began trading on Nasdaq on Thursday. Getty ImagesTurkey’s largest online retailer, Hepsiburada, made its U.S. stock market debut on Thursday, propelling the company’s chairwoman and founder, Hanzade Dogan-Boyner, to billionaire status. The stake—plus real estate investments, family holdings and a sports betting company—make Dogan-Boyner worth an estimated $1.5 billion. By Tuesday’s market open, shares were trading at $14.46, giving the Turkish e-commerce platform a $4.58 billion market capitalization. She is also the founder of Nesine, a privately held company that is one of Turkey’s largest sports betting online platforms.

Source: Forbes July 06, 2021 20:19 UTC