Marti is a mobility app in Türkiye offering a wide variety of transportation services.
Public company
1Growth Drivers
What could change its growth trajectory, and what would confirm it?
Fast ride-hailing rider growth and a driver network that gives widespread availability across Istanbul could change Marti's growth trajectory. As of May 20, 2024, the ride-hailing service had reached over 925,000 riders, up 86% from December 31, 2023, alongside over 155,000 registered drivers — 6.6 times as many registered drivers as taxis serving Istanbul.
Revenue increased 128.1% year over year to $24.7 million, with triple-digit year-over-year revenue growth in each quarter of 2026. Marti operates in 40 cities across Türkiye, covering approximately 90% of national GDP.
2Product Overview
What does the product do for its buyer, and how is it delivered?
Martı's single application covers all urban movement from trips to deliveries, packaging transport as shared TAG journeys, Martı Kurye parcel delivery, and micromobility rentals that riders begin by picking a nearby vehicle and scanning the code in the app.
TAG Motosiklet provides journeys by motorcycle, whereas offline ride-hailing services direct ride requests to drivers through voice calls and text messages.
