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Stock impact report

Marti Begins Monetizing its Ride-Hailing Service

Marti Technologies, Inc. Class A Ordinary Shares (MRT) 
Last marti technologies, inc. class a ordinary shares earnings: 11/9 05:00 pm Check Earnings Report
US:NYSE Investor Relations: medequities.com
Company Research Source: Business Wire
ISTANBUL--(BUSINESS WIRE)--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.Marti is initially monetizing its ride-hailing service in the form of driver subscription packages in which drivers purchase via subscriptions the right to receive ride requests from Marti’s riders. There are currently over 225 thousand registered drivers using Marti’s ride-hailing service.While Marti is the only at-scale app-based ride-hailing operator in the country, there are smaller offline ride-hailing service providers that direct ride requests to drivers via voice calls and text messages. Due to the inefficiency of connecting riders with drivers via a non-app interface, those offline drivers receive a lower volume Show less Read more
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