Logistics start-up SWVL acquires Volt Lines and enters European market
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Mass transit group Swvl confirms estimated $100M acquisition of UK start-up Zeelo – TechCrunch
Mass transit group Swvl has confirmed to TechCrunch its deal to buy UK start-up Zeelo, estimated to be a $100 million acquisition, according to sources. The Egyptian-born startup that provides shared transportation services for intercity and intracity trips, recently expanded into Turkey with its acquisition of Volt Lines. Earlier this year it went public (NASDAQ: […]
Source: techcrunch.com
Swvl buys Turkey's Volt Lines in first acquisition as public company
This is the fourth acquisition for Dubai-based Swvl in less than a year. 
Source: phocuswire.com
Egyptian MaaS startup Swvl enters Turkish markets with latest acquisition – TechCrunch
Swvl, an Egyptian startup that provides shared transportation services for intercity and intracity trips, has expanded into Turkey with its recent acquisition of Volt Lines, a B2B transportation-as-a-service operator. The primarily stock deal, which was valued at around $40 million, gives Swvl access both to Volt Lines’ tech as well as its over 110 corporate […]
Source: techcrunch.com
Swvl acquires Turkish transportation service Volt Lines in $40m deal
RIYADH: Swvl Holding Corp., a Dubai-based transportation and ride-sharing company, acquired Volt Lines, a Turkish transport company in a $40 million deal. Marking its fourth acquisition since August, Swvl will now have access to Volt Lines technology as well as 110 corporate client contracts, according to MAGNiTT. The deal comes as Swvl’s expands further into global markets,
Source: arabnews.com