Kaspi.kz Responds to Misleading Short-Seller Report
Kaspi.kz Responds to Recent Short-Seller Research
ALMATY, Kazakhstan — The company, Kaspi.kz, has issued an official statement regarding a recent research report published by Culper Research, which it considers misleading and inaccurate.
The Impact of Listing on Nasdaq
Kaspi.kz has garnered heightened attention since being the first company from Kazakhstan to successfully list on Nasdaq. This significant milestone has inevitably attracted the interest of short sellers, marking a new era for the company's visibility in the financial markets.
Reputation Built on Experience
For those familiar with Kaspi.kz over the years, the company's established reputation is a testament to its operational integrity and dedication to innovation. The management strongly believes in the strength of their user base and the value they bring to both consumers and merchants.
Innovative Mobile Products and Services
Kaspi.kz is not just a technology company; it's a transformative one. The mission of the company is to enhance people's lives through the development of innovative mobile products and services.
Unique Super App Model
The company operates with a unique two-sided Super App model. This includes the Kaspi.kz Super App, aimed at consumers, and the Kaspi Pay Super App, which caters to merchants. These applications are designed to streamline transactions and provide comprehensive access to their leading Payments, Marketplace, and Fintech Platforms.
Creating Value for Users
In today's fast-paced digital economy, the services provided by Kaspi.kz are exceptionally relevant, helping to fulfill everyday needs of users. The company’s proprietary payments network facilitates seamless connections and transactions between consumers and merchants.
Strong Business Model
The synergy of a large, engaged consumer base and a robust merchant ecosystem, combined with their innovative digital products, results in significant growth and a highly profitable business model. This solid infrastructure allows Kaspi.kz to continue innovating and meeting user expectations effectively.
Recognition and Achievements
Kaspi.kz's exemplary approach has been recognized by notable institutions. Harvard Business School has developed two case studies on the company, which are used in its MBA curriculum, highlighting the best practices and innovative strategies employed by Kaspi.kz.
Contact Information
For further inquiries or information regarding the company, you can reach out to David Ferguson at david.ferguson@kaspi.kz or call +44 7427 751 275.
Frequently Asked Questions
What is Kaspi.kz's main business model?
Kaspi.kz operates a two-sided Super App model serving both consumers and merchants, focusing on payments, marketplace, and fintech services.
How has the Nasdaq listing impacted Kaspi.kz?
The Nasdaq listing has increased Kaspi.kz's visibility and attracted attention from short sellers, affirming its position in international markets.
What innovative services does Kaspi.kz provide?
Kaspi.kz offers a range of innovative mobile products, including seamless payment solutions and access to financial services through their Super Apps.
How does Kaspi.kz ensure user satisfaction?
The company prioritizes creating highly relevant services tailored to the everyday needs of its users, ensuring a fulfilling experience.
What accolades has Kaspi.kz received?
Kaspi.kz has been recognized by Harvard Business School, which includes its practices in case studies taught to MBA students.
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