Kaspi.kz: Kazakhstan Relies On E-Commerce
Source: SeekingAlpha
2026-03-07 07:38:53 ET
Although my first coverage of Kaspi.kz (KSPI) is just about a month old, recent Q4 earnings had a significant impact on my view of the company. My original thesis was that Kaspi's growth opportunity is not solely dependent on the success of their expansion in Turkey, with plenty of room for growth in Kazakhstan, especially in their marketplace segment....
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Kaspi.kz: Kazakhstan Relies On E-Commerce
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NASDAQ: HEPS
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Retail - Discretionary
Consumer Discretionary
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Istanbul
