Marti Technologies (MRT) said Monday it has launched dynamic pricing for its ride-hailing services in Istanbul, adjusting fares based on real-time supply and demand to increase availability for riders and boost benefits for drivers.
The Turkish ride-hailing app said it is currently rolling out the dynamic pricing model across the country.
Dynamic pricing is expected to boost revenue, which the company expects to reach $34.0 million in 2025, up from 2024 revenue target of $16.6 million.
Shares of the company were up more than 6% in Monday's premarket activity.
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