Kaspi.kz announced an 18% year-over-year revenue increase to KZT1.1 trillion ($2.5 billion) for Q3 2026, driven by strong e-Commerce and fintech growth. The company plans to expand its Magnum Daily grocery stores from 42 to around 300 by end-2027, leveraging existing infrastructure for rapid growth. Kaspi.kz is also enhancing its AI assistant Kasper, which has already boosted purchase conversion and average order value. Looking ahead, the firm expects stronger earnings growth in 2027, supported by reduced funding costs and moderated investments in Türkiye, while maintaining a commitment to shareholder dividends.
Kaspi.kz 3Q & 9M 2026 financial results provide context for readers, with Pluang market data as of Nov 09, 2026 19:13 WIB: Among 142 priced Financials-sector US stocks tradable on Pluang, 98 rose and 18 fell today. Notable movers include BCS (Barclays PLC) at USD 22.98 with a 1-day change of +2.91% and ING (ING Groep NV) at USD 32.72 with a 1-day change of +2.83%.
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