Discover the latest news and updates from Swvl. Gain insights into our recent partnerships, market expansions, and key developments driving the company’s growth and evolution.
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.
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
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
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
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
$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
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
