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Marti Technologies Added to S&P Global Broad Market Index (BMI)
Businesswire· 2025-09-25 10:03
Core Insights - Marti Technologies, Inc. has been added to the S&P Global Broad Market Index, effective September 22, 2025, marking a significant milestone for the company [1][2]. Company Overview - Founded in 2018, Marti is Türkiye's leading mobility app, providing a range of transportation services including ride-hailing, e-mopeds, e-bikes, and e-scooters, all supported by proprietary software and IoT infrastructure [3]. Business Growth - The company has experienced rapid growth in its ride-hailing service, achieving 2.28 million unique riders, a 107% year-over-year increase, and 327 thousand registered drivers, a 92% increase [6]. - As of August 12, 2025, Marti's ride-hailing service reached 2.52 million riders and 357 thousand registered drivers, surpassing its targets for September 30, 2025, by achieving these numbers a month and a half early [9]. Market Position - Marti's inclusion in the S&P Global BMI will enhance its visibility among index-tracking and new investors, aiding in the expansion of its ride-hailing operations to capture long-term mobility market opportunities in Türkiye [2]. - The S&P Global BMI encompasses over 14,000 companies across developed and emerging markets, employing a transparent methodology [2].