Marti Technologies Monetizes Ride-Hailing Service, Aiming to Transform Türkiye's Transportation Ecosystem

Marti Technologies, Inc. (NYSEAMERICAN: MRT) has initiated the monetization of its ride-hailing service, a strategic move that could significantly alter the landscape of Türkiye's transportation sector. Under the leadership of CEO Oguz Alper Oktem, the company has crafted a mobility super app that amalgamates various transportation modes, including ride-hailing with car and motorcycle drivers, and a fleet of rental electric vehicles like e-mopeds, e-bikes, and e-scooters. This initiative is supported by the company's proprietary software and advanced Internet of Things (IoT) technology.

The company is targeting Türkiye's ride-hailing market, estimated at $7 billion, with its unique multi-modal approach. Unlike conventional ride-sharing platforms, Marti Technologies offers a comprehensive mobility solution, setting it apart in the competitive transportation technology sector. The monetization of its ride-hailing service is a pivotal achievement for Marti, signaling its evolution from a growth-oriented startup to a revenue-generating entity. This transition is expected to fuel further technological advancements and the expansion of its transportation ecosystem.

Marti Technologies' innovative platform and diverse service offerings are set to redefine urban mobility in Türkiye. By providing flexible, technology-driven transportation solutions, the company is not only addressing the immediate needs of consumers but also contributing to the broader transformation of the country's transportation dynamics. This development underscores the potential of technology to revolutionize traditional sectors, offering a glimpse into the future of urban mobility.