Marti Technologies, Inc. (NYSE American: MRT), Türkiye's leading mobility super app, has expanded its ride-hailing service into 10 additional cities, growing its national footprint from 20 to 30 cities and covering roughly 85% of Türkiye's GDP. The move comes as demand outside Istanbul continues to outpace expectations, pushing the company to accelerate its nationwide rollout.
A Bigger Bet Beyond Istanbul
Marti is scaling its ride-hailing service in response to demand, supply, and growth rates outside Istanbul exceeding the company's expectations. The share of Marti's ride-hailing riders located outside Istanbul reached 45% as of August 11, 2026, up from 35% a year earlier. Over the same period, the share of registered drivers based outside Istanbul climbed from 25% to 36%.
The newest wave of launches spans Balıkesir, Çanakkale, Edirne, Erzurum, Hatay, Kahramanmaraş, Sivas, Şanlıurfa, Trabzon, and Van. These cities were selected based on demonstrated ride-hailing demand and limited availability of substitute transportation options.
"The pace and breadth of our growth outside Istanbul has been particularly encouraging. The strong demand and rapid adoption we are driving across our markets are reinforcing our confidence in the opportunity to build Türkiye's largest and most comprehensive ride-hailing network."— Oguz Alper Oktem, Founder and CEO, Marti Technologies
Guidance Holds Steady, Growth Ahead
Marti reaffirmed its fiscal year 2026 financial guidance of $85 million in revenue and $7 million in Adjusted EBITDA. The company expects the new city launches to become accretive to financial performance starting in 2027, positioning this expansion as a long-term growth investment rather than an immediate revenue driver.