Swvl news and trends

EMEA Daily: UK Closer to New Online Ad Rules
emea // May 31, 2022

In today’s top stories from Europe, the Middle East, and Africa, the U.K. is preparing new ad regulations that could affect companies like Google and Facebook. Also, Dutch food delivery startup Just Eat Takeaway considers taking a loss as it tries to sell Grubhub, and...

Travel Tech Company Swvl Plans to Cut 32% of Staff
Transportation // May 31, 2022

Dubai-based mass transit solutions platform Swvl said it will cut its workforce by 32% in an effort to get on the path to profitability. “Such reductions will focus on roles which have been automated by investments in the Company’s engineering and product and support functions,”...

Swvl Acquires Zeelo to Expand Mass-Transit Platform to US, S. Africa
Acquisitions // April 28, 2022

Swvl, which provides tech-enabled mass transit solutions, announced Thursday (April 28) that it has entered a definitive agreement to acquire smart bus platform Zeelo. According to the press release, Zeelo will help Swvl’s recent successful acquisitions of Viapool and Shotl, along with other announced ones...

Today in B2B: ShelfNow Online Marketplace Gets Blockchain Integration; Kemitt Adds B2B Platform to Its...
B2B Payments // April 25, 2022

Today in B2B payments, ShelfNow rolls out a blockchain integration, while Kemitt expands its eCommerce offering. Plus, VerifyMe acquires Periship, BuyHive brings its third-party sourcing platform to the United States and United Kingdom, new market expansion is helped with payments orchestration, The Knot adds cryptocurrency...

Quick Reads
Travel Tech Company Swvl Plans to Cut 32% of Staff

May 31, 2022
Dubai-based mass transit solutions platform Swvl said it will cut its workforce by 32% in an effort to get on the path to profitability. “Such reductions will focus on roles which have been automated by investments in the Company’s engineering and product and support functions,” the firm said in a news release Tuesday (May 31). […]

Swvl Acquires Zeelo to Expand Mass-Transit Platform to US, S. Africa

April 28, 2022
Swvl, which provides tech-enabled mass transit solutions, announced Thursday (April 28) that it has entered a definitive agreement to acquire smart bus platform Zeelo. According to the press release, Zeelo...

Egyptian Transit App Swvl Plans Global Expansion

November 12, 2019
Egyptian mobility startup Swvl will be expanding into the Philippines, Indonesia and Bangladesh by the end of 2020. Launched in Egypt in 2017, Swvl operates buses along fixed routes, with...