Swvl today announced that door2door – a Swvl company, Swvl’s Germany- based high-growth mobility platform, launched a new concept of fully electric on-demand shuttles, that was used to transport 2,500 media representatives to and from the G7 Summit, hosted in Elmau, Germany.
Lock-Up Extensions apply to approximately 84% of the total number of currently outstanding Swvl shares
Expands Swvl’s revenues from highest profitability operations TaaS and SaaS to > $7m revenue per month from > 500 contracts in > 20 countries in alignment with Swvl’s portfolio optimization program to turn cash flow positive in 2023
Swvl ordinary shares and warrants expected to begin trading on NASDAQ tomorrow under the symbols “SWVL” and “SWVLW,” respectively
Rollout of electric vehicles further enhances Swvl’s efforts to cut emissions by maximizing vehicle sharing Provides mobility entrepreneurs the opportunity to own their vehicles and maximize their earnings
Largest privately owned Mobility-as-a-Service (“MaaS”) platform based in Germany with 24% market share in Germany, > 70 deployments in 10 European countries, approximately $2.8 million revenue in 2021 and approximately $7 million pipeline
Average ticket fare of $1.68 for the fourth quarter and $1.70 for full-year 2021, an increase of 9% year-over-year.
Names Heads of Security, B2C, B2B and Site Reliability Engineering and Principal Engineerز Collectively bring more than 85 years of experience across cyber risk management, software development and product engineering and management
Queen’s Gambit Growth Capital and Swvl announce effectiveness of F-4 registration statement Upon closing, the combined company’s Class A ordinary shares and warrants are expected to be listed on NASDAQ under the ticker symbols “SWVL” and “SWVLW”, respectively
$15 million initial investment expected to generate thousands of jobs and self-employment opportunities over the next 3+ years and further develop Swvl’s R&D capabilities
2024 Swvl Holdings Corp ©
2024 Swvl Holdings Corp ©
