Martı, one of the domestic mobility startups, is preparing to go public. According to the information received, the company that carries out the rental of electric scooters is the US-based Joint Venture Company (SPAC) Galata Acquisition Corp. She has completed preparations for the IPO in New York.
According to Bloomberg’s report, the initiative will use the proceeds from the IPO to expand its footprint and expand its existing fleet.
Martı, which has more than 7 million users in 20 cities of Turkey and serves with a fleet of 50,000 vehicles, was founded in 2018.
Martı, which completed its B-series investment tour last year, reached a valuation of $100 million with this investment.
In addition to Actera and EBRD, investors such as Bossa Nova Investimentos, Kevin Ryan, BECO Capital, Autotech Ventures, Endeavor Catalyst and Autotech Ventures participated in Martı’s Series B investment round.
According to Startupswatch data, the startup’s total investment is around $12 million.
GROWING FASTER THAN THE WORLD IN TURKEY
In the shared e-scooter market, which has continued to grow rapidly worldwide in recent years, company sales are expected to reach $1.6 billion by the end of 2022.
While sales in the market are expected to increase by 15 percent per year through 2026, the market volume is expected to increase to $2.8 billion in 2026.
In the market where the number of users is expected to increase rapidly, by 2026, 125 million people are expected to be shared electric scooter users worldwide.
In Turkey, revenue from shared e-scooter companies is expected to reach $3.5 million by the end of the year.
While the growth rate of the market in Turkey is faster than the rest of the world, the analyzes show that the domestic market will grow by 33 percent annually until 2026 and the size of the market will reach $11 million by the end of 2026.
On the other hand, the number of users in Turkey is expected to reach 700,000 by the end of 2026.
ACCIDENTS COME ON THE AGENDA
The increasing use of electric scooters in Turkey lately has led many companies like Martı’s competitors and foreign companies to enter the Turkish market from abroad.
However, these devices, which were developed for the need for mobility, are still the order of the day, mostly in traffic accidents.
Under the regulation prepared by the Ministries of Transport and Infrastructure, Environment and Urbanization and Interior, driving the e-scooter on the vehicle road if there is a separate cycle lane or cycle lane, on highways, interurban roads and highways at a maximum speed of 50km/ h may not drive more than two next to each other in one lane of the carriageway and drive on sidewalks.
In addition, riding the scooters by hanging and clinging to another vehicle, riding with acrobatic movements except at demonstrations with permission, riding with one hand except at the sign of maneuvers will disturb public order, violate private property and of To be used by pedestrians , disabled or people with reduced mobility It is also forbidden to park in a way that prevents safe and independent movements, vehicular and pedestrian traffic.
Despite the announced regulation, the use of these vehicles on the road can lead to fatal accidents.
Experts who have already spoken separately to Habertürk on this issue argue that the use of helmets should be made compulsory for people who will use electric scooters, the age limit for users should be increased, and the speed limits of these vehicles should be reviewed.
#Seagull #Istanbul #public #USA
No comments:
Post a Comment