Articles from Marti Technologies, Inc.

Türkiye’s leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), is proud to announce the launch of its Safety Academy, a transformative initiative designed to enhance rider safety and promote a culture of responsible and sustainable mobility practices.

Türkiye’s leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced the launch of its dynamic pricing model, designed to improve service efficiency and enhance user satisfaction in its ride-hailing service. This innovative pricing strategy adjusts ride-hailing fares in real-time based on supply and demand, ensuring that riders receive timely service while helping drivers maximize their earnings.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today announced the election of Alex Spiro to its Board of Directors as a Class II director at the Company’s 2024 annual general meeting of shareholders.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, announced today that as of December 15, 2024, Marti’s ride-hailing service has reached 1.61 million riders and 255 thousand registered drivers, exceeding the December 31, 2024 targets of 1.60 million riders and 245 thousand registered drivers.

Türkiye’s leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) announces its expectation to reach positive free cash flow in 2025 and presents 2025 guidance.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today released its 2023 Sustainability Report. The report highlights Marti’s 2023 sustainability achievements as well as the Company’s future commitments and is available under the Sustainability tab on the Company’s investor relations website at https://ir.marti.tech/sustainability.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today announced that it has appointed Deniz Terlemez as its new Interim Chief Financial Officer (“CFO”), effective November 1, 2024. Deniz Terlemez succeeds Oguz Erkan, the Company’s former CFO. Mr. Terlemez served as the Company’s Finance Director before his appointment as Interim CFO.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced an amendment to extend its share repurchase program.

Türkiye’s leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), has begun monetization of its ride-hailing service. As the only at-scale ride-hailing operator in the country, Marti spent two years growing its ride-hailing business line before today announcing that it has begun monetization.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the first half of 2024.

Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye’s leading mobility super app, will announce its 2024 first half financial and operational results before the U.S. markets open on Monday, September 30, 2024.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, announced today that as of August 31, 2024, Marti’s ride-hailing service has reached over 1,300,000 riders and over 205,000 registered drivers, exceeding the September 30, 2024 targets of over 1,300,000 riders and 190,000 registered drivers.

Türkiye’s leading mobility super app, Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), announced that Türkiye’s Department of Revenue Management within the Ministry of Treasury and Finance (“MTF”) has issued a ruling that enables the Company’s ride-hailing drivers to pay income taxes on the ride-hailing revenue that they earn on its app.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app and only multi-modal urban mobility provider, announced today that as of June 30, 2024, Marti’s ride-hailing service has reached over 1,100,000 riders and over 170,000 registered drivers, exceeding the June 30, 2024 targets of over 1,000,000 riders and 165,000 registered drivers.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app and only multi-modal urban mobility provider, announced today that as of May 20, 2024, Marti’s ride-hailing service has reached over 925,000 riders and over 155,000 registered drivers. These figures have already exceeded the June 30, 2024 targets of 900,000 riders and 155,000 registered drivers and have been achieved a month and a half earlier than planned.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today announced that it has appointed Oguz Erkan as its new Chief Financial Officer (“CFO”), effective May 17, 2024. Oguz Erkan replaces the Company’s former CFO, Cem Yasar Ozey.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced an amendment to its share repurchase program.

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.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the full year ended December 31, 2023.

Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye’s leading mobility super app, will announce its full year 2023 financial and operational results before the U.S. markets open on Tuesday, April 16, 2024.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) operates car-hailing and motorcycle-hailing services, and a fleet of around forty thousand e-bikes, e-mopeds, and e-scooters across the country. As the largest multi-modal urban mobility operator in the country, and in line with its goal of offering a single app to meet all of the transportation needs of urban residents, Marti today announced the launch of its taxi-hailing service as its sixth modality.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), and Zoba Inc. (“Zoba”), the world’s leader in fleet optimization solutions for two-wheeled electric vehicle operations, today announced that Marti has acquired all of the intellectual property and software assets of Zoba.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) operates a fleet of around forty thousand e-bikes, e-mopeds, and e-scooters, as well as car-hailing and motorcycle-hailing services across the country. As the largest multi-modal mobility operator in the country, Marti today announced the introduction of subscription packages for riders to use its two-wheeled electric vehicle services.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced a share repurchase program.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility app, today announced that it completed the redemption of its outstanding warrants (the “Warrants”) to purchase the Company’s Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), that remained outstanding following 5:00 p.m. Eastern Time on January 4, 2024 (the “Redemption Date”), for a cash redemption price of $0.07 per Warrant. A notice of redemption was distributed on December 20, 2023 to the registered holders of outstanding Warrants announcing the redemption pursuant to the terms of the Warrant Agreement, dated July 8, 2021, as amended on December 20, 2023, by and between the Company and Continental Stock Transfer & Trust Company, governing the Warrants. The redemption follows the expiration and closing of the Company’s offer to each holder of outstanding Warrants to purchase any and all outstanding Warrants for $0.10 in cash per Warrant, without interest.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility app, today announced that it has successfully completed a tender process with regard to its offer to purchase all of its outstanding warrants to purchase its Class A ordinary shares, par value $0.0001 per share (an “Ordinary Share”), at a purchase price of $0.10 per warrant in cash, without interest (the “Offer”) and that it has issued a notice of redemption pursuant to which it will redeem for cash all of its outstanding warrants that were not tendered in the Offer. All untendered and unexercised warrants will be redeemed on January 4, 2024 (the “Redemption Date”). The redemption price will be $0.07 per warrant (the “Redemption Price”). The successfully completed tender process, when combined with the contemplated redemption of untendered warrants, will lead to a simplified capital structure with no warrants.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility app, today provided a reminder of its previously announced offer to purchase all of its outstanding public warrants (the “Public Warrants”) and private warrants (the “Private Warrants, together with the Public Warrants, the “Warrants”) to purchase its Class A ordinary shares, par value $0.0001 per share, at a purchase price of $0.10 in cash, without interest (the “Offer”) and announced that there are two business days left until the expiration of the Offer. Participating Warrant holders should instruct their broker to tender their Warrants before the expiration time of 12:00 midnight, Eastern Time, at the end of the day on December 19, 2023.

Türkiye’s leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) has once again outperformed its 2023 year end expectations for its ride-hailing business, hitting over 452,000 unique riders and over 100,000 registered drivers as of December 11, 2023, half a month earlier than planned.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility app, today announced that it has commenced an offer to purchase (the “Offer”) all of its outstanding public warrants and private warrants (collectively, the “Warrants”) to purchase its Class A ordinary shares, par value $0.0001 per share (“Ordinary Shares”), at a purchase price of $0.10 in cash, without interest. The purpose of the Offer is to reduce the number of Ordinary Shares that would become outstanding upon the exercise of Warrants, thus providing investors and potential investors with greater certainty as to the Company’s capital structure.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app and only multi-modal urban mobility provider, listed on the New York Stock Exchange American (“NYSE”) in July of this year. Marti’s public listing was recognized as the International Equity Capital Markets Deal of the Year by Bonds, Loans, and ESG Capital Markets CEE (Central and Eastern Europe), CIS (Commonwealth of Independent States) & Türkiye Awards 2023.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app and only multi-modal urban mobility provider, announced today that as of November 14, 2023, Marti’s ride-hailing service has reached over 380,000 riders and over 90,000 registered drivers. These figures have already exceeded the year end targets of 375,000 riders and 80,000 registered drivers which Marti set in June 30, 2023, and have been achieved a month and a half earlier than planned.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today announced that it has completed the deployment of 4,000 new custom designed e-mopeds across the country. Marti received delivery of the final batch of the 4,000 e-mopeds in Q2 2023, and has been actively deploying the vehicles over the summer months.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s mobility super app, today announced its financial and operational results for the first half of 2023.

Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, will announce 2023 First Half financial and operational results before the U.S. markets open on Friday, October 13, 2023.