Marti Technologies, Inc. (NYSE: MRT)

Marti Technologies, Inc. is Turkey's leading urban mobility platform that operates a technology enabled super app offering ride hailing, delivery and two wheeled electric vehicle services. The company aims to provide convenient, reliable and cost effective transportation solutions for millions of users across the country.

Revenue is generated primarily from fees collected for each ride hailing trip, delivery order and two wheeled electric vehicle rental. Additionally, the firm offers subscription packages that give users discounts and priority access, contributing to recurring income.

The company operates through the following segments: ride hailing, delivery and two wheeled electric vehicles.

• Ride hailing connects passengers with car, motorcycle and taxi drivers through the app, providing point to point transportation across Turkish cities.

• Delivery service enables same hour package shipment using the same driver network that supports ride hailing, offering fast and reliable courier options.

• Two wheeled electric vehicle service provides shared access to a company owned fleet of e scooter, e bike and e moped models, each suited for different trip distances and user preferences.

Marti Technologies, Inc. holds the top position in Turkey's ride hailing market and is regarded as the creator of the country's two wheeled electric vehicle segment. Its strong brand recognition, integrated platform and control over technology fleet and service delivery give it a competitive edge over fragmented rivals that focus on single service lines.

The platform serves individual consumers across Turkey, with a predominantly young user base where about 59 percent of users are aged between 16 and 30 years. The service appeals to commuters, students and professionals who seek convenient mobility solutions for daily travel, errands and leisure trips.