ISTANBUL, November 04, 2025 — Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye’s leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across Türkiye, marking the Company’s broadest single wave of expansion to date. With this rollout, Marti’s ride-hailing operations now span 20 markets across Türkiye.
This latest phase builds on the Company’s successful summer expansion into six major metropolitan areas: Bursa, Konya, Adana, Kocaeli, Mersin and Kayseri. Demand in those cities has exceeded expectations, prompting Marti to accelerate its further expansion plan ahead of schedule.
“Marti’s summer launches performed beyond our expectations, validating our view that Türkiye’s metropolitan areas represent an attractive growth opportunity,” said Oguz Alper Oktem, Founder and Chief Executive Officer of Marti. “The strong traction we are seeing in these six new cities gives us confidence that this next phase of expansion will deliver similar success as we work toward nationwide coverage.”
Marti’s newest wave of service launches includes Aydın, Denizli, Eskişehir, Gaziantep, Manisa, Muğla, Sakarya, Samsun, Tekirdağ, and Yalova. These markets were selected based on demonstrated ride-hailing demand and limited availability of substitute transportation options.
Marti first entered the ride-hailing market in 2022 with operations in Istanbul, Ankara, Izmir and Antalya. Following this latest expansion, Marti’s services will now reach approximately 80% of Türkiye’s GDP, up from 50% prior to the summer launches, positioning the Company to pursue nationwide ride-hailing coverage.
Consistent with its disciplined approach, Marti does not expect to monetize the newly added cities until 2026 at the earliest. This measured approach will allow the Company to continue to prioritize rider and driver adoption while continuing to expand its network.