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Mass transit group Swvl confirms estimated $100M acquisition of UK start-up Zeelo – TechCrunch - Vimarsana News

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: […]

Swvl Announces Definitive Agreement to Acquire Zeelo to Become a Leading Global Mass Transit Tech Platform by Footprint, Expanding Footprint to USA & South Africa and Increasing Presence in UK - Vimarsana News

Swvl Announces Definitive Agreement to Acquire Zeelo to Become a Leading Global Mass Transit Tech Platform by Footprint, Expanding Footprint to USA & South Africa and Increasing Presence in UK

Expands Swvl's global footprint to 146 cities across 21 countries in 5 continents with contracts with over 490 corporate and institutional customers, to...