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Wamda - Vimarsana News

Wamda

Wamda is a platform of programs and networks that aims to accelerate entrepreneurship ecosystems across MENA.

Source: wamda.com
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Ali HalabiVolt Lines
Why SWVL's acquisition of Volt Lines came to a halt - Vimarsana News

Why SWVL's acquisition of Volt Lines came to a halt

In 2018, Lebanese entrepreneur Ali Halabi founded Volt Lines, a Turkey-based mobility startup targeting the corporate segment, enabling...

Source: wamda.com
Swvl's 1:25 reverse stock split saves it from Nasdaq - for now - Vimarsana News

Swvl's 1:25 reverse stock split saves it from Nasdaq - for now

It’s like cutting more slices into a pie. A reverse stock split allows publicly traded firms to consolidate existing shares. It doesn’t change anything. 

Swvl wants to undo a $40 million acquisition - Vimarsana News

Swvl wants to undo a $40 million acquisition

Low on cash and high on losses, the Cairo-born mass transit firm wants to undo its 2022 acquisition of Volt Lines for $40 million as it searches for a way to survive.

Logistics start-up SWVL acquires Volt Lines and enters European market - Vimarsana News

Logistics start-up SWVL acquires Volt Lines and enters European market

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