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Marti Technologies, Inc. has achieved significant milestones in its ride-hailing business, reaching over 788,000 unique riders and over 145,000 registered drivers as of April 23, 2024. The company has experienced a 58% growth in ride-hailing riders and a 36% growth in registered drivers from December 31, 2023, to April 23, 2024. Marti plans to increase its target to 900,000 unique riders by June 30, 2024, while maintaining a target of 155,000 registered drivers. The company operates in Türkiye and aims to provide safe, affordable rides for riders while offering economic opportunities for drivers. With over 145,000 registered drivers, Marti surpasses the number of taxis in Istanbul by 6.2 times, ensuring widespread availability across the city. McKinsey & Company estimates the potential size of the Turkish ride-hailing market to reach $15 billion to $20 billion by 2030.
Marti Technologies, Inc. ha raggiunto importanti traguardi nel suo business di ride-hailing, contando oltre 788.000 passeggeri unici e più di 145.000 autisti registrati al 23 aprile 2024. La società ha sperimentato una crescita del 58% nei passeggeri del servizio di ride-hailing e del 36% negli autisti registrati dal 31 dicembre 2023 al 23 aprile 2024. Marti prevede di aumentare il suo obiettivo a 900.000 passeggeri unici entro il 30 giugno 2024, mantenendo un target di 155.000 autisti registrati. L'azienda opera in Turchia e mira a fornire corse sicure ed economiche per i passeggeri, offrendo al contempo opportunità economiche per gli autisti. Con oltre 145.000 autisti registrati, Marti supera di 6,2 volte il numero di taxi a Istanbul, garantendo un'ampia disponibilità in tutta la città. McKinsey & Company stima che le dimensioni potenziali del mercato turco del ride-hailing possano raggiungere i 15-20 miliardi di dollari entro il 2030.
Marti Technologies, Inc. ha logrado hitos significativos en su negocio de servicios de transporte, alcanzando más de 788,000 usuarios únicos y más de 145,000 conductores registrados hasta el 23 de abril de 2024. La compañía ha experimentado un crecimiento del 58% en usuarios de transporte y un 36% en conductores registrados desde el 31 de diciembre de 2023 hasta el 23 de abril de 2024. Marti planea aumentar su meta a 900,000 usuarios únicos para el 30 de junio de 2024, mientras mantiene una meta de 155,000 conductores registrados. La empresa opera en Turquía y aspira a proporcionar viajes seguros y económicos para los usuarios y ofrecer oportunidades económicas para los conductores. Con más de 145,000 conductores registrados, Marti supera en 6.2 veces el número de taxis en Estambul, asegurando una amplia disponibilidad a través de la ciudad. McKinsey & Company estima que el tamaño potencial del mercado turco de transporte por aplicación podría alcanzar entre $15 mil millones y $20 mil millones para 2030.
Marti Technologies, Inc.는 라이드-헤일링 사업에서 주요한 이정표를 달성하여 2024년 4월 23일 기준으로 788,000명의 독특한 승객과 145,000명의 등록된 운전자를 확보했습니다. 이 회사는 2023년 12월 31일부터 2024년 4월 23일까지 라이드-헤일링 승객이 58% 증가하고 등록된 운전자가 36% 증가했습니다. Marti는 2024년 6월 30일까지 독특한 승객 수를 900,000명으로 늘릴 계획이며, 등록된 운전자 수는 155,000명을 목표로 하고 있습니다. 회사는 터키에서 운영되며 승객에게 안전하고 저렴한 라이드를 제공하는 동시에 운전자에게 경제적 기회를 제공하는 것을 목표로 합니다. 등록된 운전자가 145,000명이 넘는 Marti는 이스탄불의 택시 수를 6.2배 초과하여 도시 전역에 널리 이용할 수 있습니다. McKinsey & Company는 2030년까지 터키 라이드-헤일링 시장의 잠재적 규모가 150억 달러에서 200억 달러에 이를 것으로 추정합니다.
Marti Technologies, Inc. a atteint des jalons significatifs dans son activité de covoiturage, enregistrant plus de 788 000 passagers uniques et plus de 145 000 chauffeurs inscrits au 23 avril 2024. L'entreprise a connu une croissance de 58% des passagers de covoiturage et de 36% des chauffeurs inscrits du 31 décembre 2023 au 23 avril 2024. Marti prévoit d'augmenter son objectif à 900 000 passagers uniques d'ici le 30 juin 2024, tout en maintenant un objectif de 155 000 chauffeurs inscrits. L'entreprise opère en Turquie et vise à fournir des trajets sûrs et abordables pour les passagers tout en offrant des opportunités économiques pour les chauffeurs. Avec plus de 145 000 chauffeurs inscrits, Marti dépasse le nombre de taxis à Istanbul par 6,2 fois, assurant une disponibilité étendue dans toute la ville. McKinsey & Company estime que la taille potentielle du marché turc du covoiturage pourrait atteindre 15 à 20 milliards de dollars d'ici 2030.
Marti Technologies, Inc. hat bedeutende Meilensteine in seinem Fahrdienstvermittlungsgeschäft erreicht und verzeichnet zum 23. April 2024 über 788.000 einzigartige Fahrgäste und über 145.000 registrierte Fahrer. Das Unternehmen verzeichnete zwischen dem 31. Dezember 2023 und dem 23. April 2024 ein Wachstum von 58% bei den Fahrdienstnutzern und 36% bei den registrierten Fahrern. Marti plant, seine Zielsetzung auf 900.000 einzigartige Fahrgäste bis zum 30. Juni 2024 zu erhöhen, während das Ziel von 155.000 registrierten Fahrern beibehalten wird. Das Unternehmen ist in der Türkei tätig und zielt darauf ab, sichere und erschwingliche Fahrten für Fahrgäste anzubieten und wirtschaftliche Möglichkeiten für Fahrer zu schaffen. Mit über 145.000 registrierten Fahrern übertrifft Marti die Anzahl der Taxis in Istanbul um das 6,2-fache und gewährleistet eine weitreichende Verfügbarkeit in der Stadt. McKinsey & Company schätzt, dass die potenzielle Größe des türkischen Fahrdienstmarktes bis 2030 auf 15 bis 20 Milliarden Dollar anwachsen könnte.
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Marti increases June 30, 2024 unique rider target from 850,000 to 900,000, and maintains 155,000 registered driver target
ISTANBUL--(BUSINESS WIRE)--
Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) has hit over 788,000 unique riders and over 145,000 registered drivers in its ride-hailing business as of April 23, 2024. These figures include the unique riders and registered drivers from the Company’s car hailing and motorcycle hailing services, which it launched in October 2022, as well as those from its taxi-hailing service launched more recently in February 2024.
Marti’s number of ride-hailing riders grew 58% from December 31, 2023 to April 23, 2024. The number of registered drivers grew 36% during the same time period. The fast growth in both the rider and driver sides of Marti’s ride-hailing marketplace demonstrates the strong need for the service across Türkiye. The service intends to provide readily available, safe, and affordable rides for riders, while providing economic opportunities for drivers across the income spectrum.
Encouraged by the growth in the rider base of its ride-hailing business, Marti is increasing its June 30, 2024 target from 850,000 unique riders to 900,000, and maintains its 155,000 registered driver target.
Of Marti’s over 145,000 registered drivers, over 122,000 are in Türkiye’s largest city, Istanbul. This is in contrast to 19,845 taxis serving the city. With 6.2 times as many registered drivers as taxis serving the city of Istanbul, Marti is able to offer widespread availability across the city. Furthermore, Marti’s drivers undergo formal background checks before acceptance onto the service, thereby contributing to rider safety. The average rating of Marti’s ride-hailing drivers by riders is 4.8 out of 5 stars.
Marti currently does not enable online payment for the service over its app, or charge a fee for the service.
McKinsey & Company, a consultancy group, estimates the taxi market size in Türkiye at $9 billion to $12 billion as of 2021. Further, under the “Disruptive Scenario 2030”, ride-hailing is expected to increase the size of the taxi market by offering cheaper and more convenient rides. McKinsey & Company estimates the potential size of the Turkish ride-hailing market in 2030 at $15 billion to $20 billion(*).
(*) Expectations and targets are not necessarily indicative of future attainment.
About Marti:
Founded in 2018, Marti is Türkiye’s leading mobility app, offering multiple transportation services to its riders. Marti operates a ride-hailing service that matches riders with car, motorcycle, and taxi drivers, and operates a large fleet of rental e-mopeds, e-bikes, and e-scooters. All of Marti’s offerings are serviced by proprietary software systems and IoT infrastructure. For more information, visit www.marti.tech.
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, also known as the Private Securities Litigation Reform Act of 1995. Any express or implied statements contained in this press release that are not statements of historical fact and generally relate to future events, hopes, intentions, strategies, or performance may be deemed to be forward-looking statements, including but without limitation statements regarding the anticipated growth, including the number of riders and registered drivers of the ride-hailing business, the ride-hailing targets by June 30, 2024, and the expected future performance and market opportunities of Marti and the ride-hailing business. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “might,” “possible,” “believe,” “predict,” “potential,” “continue,” “aim,” “strive,” and similar expressions may identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expressed or implied forwarding-looking statements, including, but not limited to: (i) the effect of the public listing of our securities on our business relationships, performance, financial condition and business generally, (ii) risks that the business combination may disrupt our current plans or divert management’s attention from our ongoing business operations, (iii) the outcome of any legal proceedings that may be instituted against us or our directors or officers related to the business combination or otherwise, (iv) our ability to maintain the listing of our securities on the NYSE American, (v) volatility in the price of our securities due to a variety of factors, including without limitation changes in the competitive and highly regulated industries in which we plan to operate, variations in competitors’ performance and success and changes in laws and regulations affecting our business, (vi) our ability to implement business plans, forecasts, and other expectations, and identify opportunities, (vii) the risk of downturns in the highly competitive tech-enabled mobility services industry, (viii) our ability to build our brand and consumers’ recognition, acceptance and adoption of our brand, (ix) the risk that we may not be able to effectively manage our growth, including our design, research, development and maintenance capabilities, (x) technological changes and risks associated with doing business in an emerging market, (xi) risks relating to our dependence on and use of certain intellectual property and technology and (xii) and other important factors discussed under the caption “Risk Factors” in the Company’s preliminary prospectus filed with the Securities and Exchange Commission (the “SEC”) on July 31, 2023, as such factors may be updated from time to time in the Company’s other filings with the SEC, accessible on the SEC’s website at www.sec.gov and the Investors Relations section of Company’s website at https://ir.marti.tech. Any investors should carefully consider the risks and uncertainties described in the documents filed by the Company from time to time with the SEC as most of the factors are outside the Company’s control and are difficult to predict. As a result, the Company’s actual results may differ from its expectations, estimates and projections and consequently, such forward-looking statements should not be relied upon as predictions of future events. The Company cautions not to place undue reliance upon any forward-looking statements, including projections, which speak only as to management expectations and beliefs as of the date they are made. The Company disclaims any obligation or undertaking to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than to the extent required by applicable law.
