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    Ece Mandaci • Unlu & Co

    Ece Mandaci is a CFA Director at ÜNLÜ & Co, specializing as an equity research analyst with a primary focus on Turkish telecoms, covering major companies such as Türk Telekom. With a track record as a corporate analyst and active participant in earnings calls for top regional firms, Mandaci consistently contributes in-depth sectoral insights and financial analysis, though precise performance rankings are not publicly available. He began his career as a Research Analyst at EFG Istanbul Equities before joining ÜNLÜ Menkul Değerler in a leadership role, reflecting a strong continuity in the Turkish financial market. Mandaci holds the CFA designation, underscoring his expertise and commitment to professional standards in investment research.

    Ece Mandaci's questions to D Market Elektronik Hizmetler ve Ticaret AS (HEPS) leadership

    Ece Mandaci's questions to D Market Elektronik Hizmetler ve Ticaret AS (HEPS) leadership • Q2 2024

    Question

    Ece Mandaci of Unlu & Co asked for an outlook on consumer pressure and the competitive landscape, and how Hepsiburada is positioned to navigate these challenges.

    Answer

    CEO Nilhan Gokcetekin acknowledged the significant pressure on consumers due to the tough credit environment and high interest rates, and also anticipated heightened competition from seasonality. However, she expressed confidence in delivering a strong performance, citing the strength of Hepsiburada's affordability solutions, the growth of its external logistics business (HepsiJet), and other key strategic initiatives.

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