{"id":903957,"date":"2025-11-03T07:34:27","date_gmt":"2025-11-03T12:34:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/"},"modified":"2025-11-03T07:34:27","modified_gmt":"2025-11-03T12:34:27","slug":"marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/","title":{"rendered":"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye<\/b><\/p>\n<p class=\"bwalignc\"><i>Expansion Extends Marti\u2019s Footprint to 20 Markets, Serving Approximately 80% of T\u00fcrkiye\u2019s GDP<\/i><\/p>\n<p>ISTANBUL&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMarti Technologies, Inc. (\u201cMarti\u201d or the \u201cCompany\u201d) (NYSE American: MRT), T\u00fcrkiye\u2019s leading mobility super app, <b>today announced the launch of its ride-hailing service in 10 additional cities across T\u00fcrkiye, <\/b>marking the Company\u2019s broadest single wave of expansion to date. With this rollout, <b>Marti\u2019s ride-hailing operations now span 20 markets across T\u00fcrkiye<\/b>.<\/p>\n<p>\nThis latest phase builds on the Company\u2019s successful summer expansion into six major metropolitan areas: Bursa, Konya, Adana, Kocaeli, Mersin and Kayseri. <b>Demand in those cities has exceeded expectations, prompting Marti to accelerate its further expansion plan ahead of schedule<\/b>.<\/p>\n<p>\n\u201cMarti\u2019s summer launches performed beyond our expectations, validating our view that T\u00fcrkiye\u2019s metropolitan areas represent an attractive growth opportunity,\u201d said Oguz Alper Oktem, Founder and Chief Executive Officer of Marti. \u201cThe strong traction we are seeing in these six new cities gives us confidence that this next phase of expansion will deliver similar success as we work toward nationwide coverage.\u201d<\/p>\n<p>\nMarti\u2019s <b>newest wave of service launches includes Ayd\u0131n, Denizli, Eski\u015fehir, Gaziantep, Manisa, Mu\u011fla, Sakarya, Samsun, Tekirda\u011f, and Yalova<\/b>. These markets were selected based on demonstrated <b>ride-hailing demand<\/b> and <b>limited availability of substitute transportation options<\/b>.<\/p>\n<p>\nMarti first entered the ride-hailing market<b \/>in 2022 with operations in Istanbul, Ankara, Izmir and Antalya. Following this latest expansion, Marti\u2019s services will now reach <b>approximately 80% of T\u00fcrkiye\u2019s GDP<\/b>, up <b>from 50%<\/b><b>prior to the summer launches, positioning the Company to pursue nationwide ride-hailing coverage.<\/b><\/p>\n<p>\nConsistent with its disciplined approach, <b>Marti does not expect to monetize the newly added cities until 2026 at the earliest<\/b>. This measured approach will allow the Company to continue to prioritize rider and driver adoption while continuing to expand its network.<\/p>\n<p><b>Growing Demand Beyond Istanbul<\/b><\/p>\n<p>\nMarti\u2019s recent growth underscores the broadening demand for ride-hailing services across T\u00fcrkiye. The share of Marti\u2019s <b>ride-hailing<\/b><b>riders located outside of Istanbul reached 28% as of October 31<\/b>, <b>up from 22% on June 30<\/b>. Additionally, the share of Marti\u2019s <b>registered drivers based outside of Istanbul grew to 28% from 24% during that four-month period<\/b>. This geographic diversification supports the Company\u2019s forecast for a long-term growth trajectory beyond Istanbul.<\/p>\n<p>\nAs a result of this rapid growth in expansion cities, Marti has revised its expectations for <b>ex-Istanbul\u2019s contribution to total ride-hailing revenue from 55% to 65%.<\/b> Based on these trends, <b>the Company has also increased its estimate of T\u00fcrkiye\u2019s total ride-hailing market size to $4.0 billion annually<\/b>, compared to its <b>prior estimate of approximately $3.0 billion<\/b>.<\/p>\n<p><b>About Marti:<\/b><\/p>\n<p>\nFounded in 2018, Marti is T\u00fcrkiye\u2019s leading mobility app, offering a wide variety of transportation services. Marti operates a ride-hailing service that matches riders with car, motorcycle and taxi drivers; delivery services; and a large fleet of rental e-mopeds, e-bikes and e-scooters. All of Marti\u2019s offerings are serviced by proprietary software systems and IoT infrastructure. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marti.tech&amp;esheet=54350117&amp;newsitemid=20251103913133&amp;lan=en-US&amp;anchor=www.marti.tech&amp;index=1&amp;md5=840436ad20a9178f850da238fb0ecc71\">www.marti.tech<\/a>.<\/p>\n<p><b>Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nCertain statements made in this press release constitute forward-looking statements within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements related to the ride-hailing business and its anticipated growth and impact on the Company\u2019s cash flow. These forward-looking statements are based on management\u2019s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in the Company\u2019s filings with the SEC, including the Company\u2019s Annual Report on Form 20-F. Marti undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251103913133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251103913133\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251103913133\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact<br \/>\n<\/b><br \/>Marti Technologies, Inc.<br \/>\n<br \/>Turgut Yilmaz<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investor.relations@marti.tech\">investor.relations@marti.tech<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Turkey Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Delivery Services Retail Automotive Apps\/Applications Technology Software Fleet Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251103913133\/en\/2629638\/3\/Mart%C4%B1_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye Expansion Extends Marti\u2019s Footprint to 20 Markets, Serving Approximately 80% of T\u00fcrkiye\u2019s GDP ISTANBUL&#8211;(BUSINESS WIRE)&#8211; Marti Technologies, Inc. (\u201cMarti\u201d or the \u201cCompany\u201d) (NYSE American: MRT), T\u00fcrkiye\u2019s leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across T\u00fcrkiye, marking the Company\u2019s broadest single wave of expansion to date. With this rollout, Marti\u2019s ride-hailing operations now span 20 markets across T\u00fcrkiye. This latest phase builds on the Company\u2019s successful summer expansion into six major metropolitan areas: Bursa, Konya, Adana, Kocaeli, Mersin and Kayseri. Demand in those cities has exceeded expectations, prompting Marti to accelerate its further expansion plan ahead of schedule. \u201cMarti\u2019s summer launches &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-903957","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye Expansion Extends Marti\u2019s Footprint to 20 Markets, Serving Approximately 80% of T\u00fcrkiye\u2019s GDP ISTANBUL&#8211;(BUSINESS WIRE)&#8211; Marti Technologies, Inc. (\u201cMarti\u201d or the \u201cCompany\u201d) (NYSE American: MRT), T\u00fcrkiye\u2019s leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across T\u00fcrkiye, marking the Company\u2019s broadest single wave of expansion to date. With this rollout, Marti\u2019s ride-hailing operations now span 20 markets across T\u00fcrkiye. This latest phase builds on the Company\u2019s successful summer expansion into six major metropolitan areas: Bursa, Konya, Adana, Kocaeli, Mersin and Kayseri. Demand in those cities has exceeded expectations, prompting Marti to accelerate its further expansion plan ahead of schedule. \u201cMarti\u2019s summer launches &hellip; Continue reading &quot;Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-03T12:34:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251103913133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye\",\"datePublished\":\"2025-11-03T12:34:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\\\/\"},\"wordCount\":730,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251103913133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\\\/\",\"name\":\"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye - 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(\u201cMarti\u201d or the \u201cCompany\u201d) (NYSE American: MRT), T\u00fcrkiye\u2019s leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across T\u00fcrkiye, marking the Company\u2019s broadest single wave of expansion to date. With this rollout, Marti\u2019s ride-hailing operations now span 20 markets across T\u00fcrkiye. This latest phase builds on the Company\u2019s successful summer expansion into six major metropolitan areas: Bursa, Konya, Adana, Kocaeli, Mersin and Kayseri. Demand in those cities has exceeded expectations, prompting Marti to accelerate its further expansion plan ahead of schedule. \u201cMarti\u2019s summer launches &hellip; Continue reading \"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-03T12:34:27+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251103913133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye","datePublished":"2025-11-03T12:34:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/"},"wordCount":730,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251103913133r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/marti-technologies-expands-ride-hailing-service-to-10-additional-cities-across-turkiye\/","name":"Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across T\u00fcrkiye - 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