Marti Technologies
Zoba AI fleet optimization for e-scooter and e-moped deployment
Marti said vehicles placed with Zoba's algorithms made 2.4x more daily rides in Q2 2024
Problem
Marti runs shared e-scooters and e-mopeds in Turkish cities and has to decide where to place each vehicle each day.
Approach
Marti bought Zoba's intellectual property and software assets in February 2024. It used Zoba's algorithms to decide where to deploy vehicles and compared those vehicles with ones deployed without them.
Results
Takeaway
Marti said extra revenue from Zoba in the first six months had already repaid the purchase, but gave no dollar figure for the cost or the revenue.
Categories
- Industry
- Logistics and transport
- Business function
- Production and quality
- Innovation type
- Process innovation
- AI technology
- OptimizationPredictive analytics and ML
- Adoption
- Vendor solution
- Evidence
- Company's own claim
Sources
Source summaries
Marti's first-half 2024 results release, republished by Silicon UK. It says Marti acquired Zoba's software assets in February 2024 and reports daily rides per vehicle of 1.7x in Q1 and 2.4x in Q2 for vehicles deployed with Zoba's algorithms. It says the added revenue repaid the acquisition cost.
Full details are in the original sources.