Welcome to our dedicated page for Marti Technologies news (Ticker: MRT), a resource for investors and traders seeking the latest updates and insights on Marti Technologies stock.
Marti Technologies, Inc. (NYSE American: MRT) is Türkiye’s leading mobility app and a self-described mobility super app, and the MRT news feed on Stock Titan aggregates the company’s key operational, financial and corporate announcements. Marti’s press releases cover developments in its ride-hailing marketplace, two-wheeled electric vehicle services, delivery offerings and public transportation integrations, providing insight into how the platform evolves across Turkish cities.
Investors and observers following MRT news will find updates on ride-hailing rider and driver milestones, city expansion waves that extend Marti’s footprint to 20 markets across Türkiye, and information about how the share of riders and drivers outside Istanbul is changing over time. The company also issues news on new services, such as the launch of same-hour package delivery, and on app enhancements that integrate metros, trams, buses, ferries and other public transport modes into a single trip-planning experience.
Marti’s news releases frequently include commentary on monetization of ride-hailing, revenue growth, adjusted EBITDA trends and investment plans, alongside disclosures about financing arrangements and share repurchase program amendments. Corporate governance items, such as inclusion in the S&P Global Broad Market Index and the timing and agenda of annual general meetings, are also communicated through these updates.
This MRT news page brings together these company-issued communications so readers can review Marti’s latest operational metrics, service launches, geographic expansion steps and capital markets actions in one place. For anyone tracking Türkiye’s tech-enabled mobility sector, Marti’s regular press releases offer a detailed view of how the company is executing its strategy across ride-hailing, electric vehicles, deliveries and mobility-as-a-service.
Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app, has exceeded its September 30, 2025 ride-hailing targets ahead of schedule, reaching 2.52 million riders and 357,000 registered drivers by August 12, 2025.
The company demonstrated strong growth with a 17% increase in riders and 14% growth in drivers from June to August 2025. In Istanbul alone, Marti has 266,000 drivers, significantly outpacing the city's 20,000 taxis. The company has set new ambitious targets of 3.30 million riders and 450,000 drivers by December 31, 2025.
Marti's geographic expansion beyond Istanbul shows promising results, with rider share outside Istanbul growing from 13% to 24% and driver share increasing from 18% to 26%. The Turkish ride-hailing market potential is estimated at $15-20 billion by 2030.
Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app, has announced a significant shift in its treasury management strategy by incorporating crypto assets. The company will initially allocate 20% of its cash reserves to Bitcoin, with the flexibility to increase this allocation to up to 50% and expand into other cryptocurrencies like Ethereum and Solana.
The digital assets will be managed through a regulated, institutional-grade custodian, ensuring compliance with applicable laws and security best practices. CEO Oguz Alper Oktem emphasized that this decision reflects the company's view of cryptocurrencies as long-term stores of value and hedges against systemic financial risk.
Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app and ride-hailing operator, has announced its investment plan for 2025-2026. The plan focuses on two key initiatives: expanding into six new cities (Bursa, Konya, Adana, Kocaeli, Mersin, and Kayseri) and growing its ride-hailing team.
The expansion will increase the company's service coverage from 28.8 million to 42.2 million people, representing a 1.5x growth in population served. To facilitate growth in new markets, Marti will waive driver subscription fees in these cities for 2025. The company also plans to expand its ride-hailing team from 180 to approximately 260 people, focusing on technology, product, and business operations.
While maintaining its 2025 revenue forecast of $34.0 million, Marti has revised its adjusted EBITDA forecast from $3.0M to -$17.0M to accommodate these investments.
Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app, has announced the filing of its annual report on Form 20-F with the SEC for the fiscal year ended December 31, 2024. The report, which includes the company's financial results, is now accessible on Marti's investor relations website under the "Financial Info" section at https://ir.marti.tech/. Shareholders can also request a free hard copy of the complete financial statements.
Marti Technologies (NYSE: MRT), Türkiye's leading mobility super app, has appointed Cenk Özeker as its new Chief Financial Officer, effective May 14, 2025. Özeker brings over 25 years of senior finance and operational leadership experience across Europe and Türkiye. He previously served as Managing Director at Newport Shipping UK (2021-2024) and Icron Software in Amsterdam (2019-2021), and held senior positions at prominent companies including Pepsi, Beymen, H.O. Sabancı Holding, and Unilever. Özeker replaces former Interim CFO Deniz Terlemez and will focus on supporting Marti's growth, operational excellence, and shareholder value creation.
Marti, Türkiye's leading mobility super app (NYSE: MRT), reported its 2024 full-year results with significant growth in ride-hailing services. The company achieved $18.7M in revenue and Adjusted EBITDA of $(19.3)M, surpassing its 2024 guidance.
Key highlights include:
- 1.66M unique ride-hailing riders and 262,000 registered drivers by year-end
- Total rides increased 44.6% to 31.71M across all services
- Started monetizing ride-hailing through driver subscription packages in October 2024
- Launched dynamic pricing in January 2025
The company projects $34.0M in revenue and $3.0M in Adjusted EBITDA for 2025. Marti estimates a potential $3 billion annual revenue opportunity in the ride-hailing market, based on Istanbul's current 800,000 daily taxi trips and expected 63% growth following ride-hailing introduction. The company also acquired Zoba, an AI-powered fleet optimization platform, to enhance operational efficiency.
Marti Technologies (NYSE American: MRT), Türkiye's leading mobility super app, has scheduled the release of its full year 2024 financial and operational results before U.S. markets open on Tuesday, April 29, 2025.
The company will host an analyst and investor conference call and live webcast to discuss the results at 3:30 p.m. Istanbul / 1:30 p.m. London / 8:30 a.m. New York time on the same day. The presentation materials will be available on the Marti Investor Relations website.
Marti Technologies (NYSE: MRT), Türkiye's leading mobility super app, has surpassed its March 31, 2025 targets ahead of schedule, reaching 1.91 million riders and 290,000 registered drivers in its ride-hailing service as of March 25, 2025.
The company demonstrated strong growth with an 18.6% increase in riders and 13.9% increase in drivers from December 15, 2024 to March 25, 2025. In Istanbul alone, Marti has 225,000 registered drivers, significantly outnumbering the city's 20,000 taxis by a factor of 11.
Setting new ambitious targets, Marti aims to reach 2.15 million riders and 310,000 registered drivers by June 30, 2025. The company maintains high service standards with drivers undergoing formal background checks and achieving an average rating of 4.8/5 stars. According to McKinsey & Company, Türkiye's taxi market size was estimated at $9-12 billion in 2021, with potential growth to $15-20 billion by 2030 under their "Disruptive Scenario."