SWVL (NASDAQ: SWVL) expanded into Mexico through the acquisition of Urbvan, growing revenue from its highest-margin TaaS and SaaS operations to over $7 million per month across more than 500 contracts in 20-plus countries, supporting its path to cash flow positive in 2023

SWVL (NASDAQ: SWVL) acquired Shotl, accelerating the Company's entry into Europe a full year ahead of schedule and more than doubling its footprint with 10 additional countries across Europe, APAC and LatAm, while leveraging Shotl's strong B2G and OEM relationships.

SWVL (NASDAQ: SWVL) expanded into Central Europe with the acquisition of door2door, Germany's largest privately owned mass transit SaaS platform, holding a 24% domestic market share, over 70 deployments across 10 European countries and an approximately $7 million pipeline.

SWVL (NASDAQ: SWVL) appointed W. Steve Albrecht, former President of the American Accounting Association, the Association of Certified Fraud Examiners, the Financial Accounting Foundation and COSO, as an independent director and Chair of the Audit Committee.

SWVL (NASDAQ: SWVL) expanded its footprint to 115 cities across 18 countries, with new growth across Europe, Latin America, Asia and Africa providing significant upside to the Company's current business plan and financial projections.

SWVL (NASDAQ: SWVL) completed pre-funding of $35.5 million from strategic and financial investors, including Agility and Chimera Abu Dhabi, as part of an upsized $100 million PIPE raised in connection with the Company's proposed business combination with Queen's Gambit Growth Capital.

SWVL (NASDAQ: SWVL) completed its business combination with Queen's Gambit Growth Capital, with its ordinary shares and warrants expected to begin trading on Nasdaq under the symbols "SWVL" and "SWVLW," respectively.

SWVL (NASDAQ: SWVL) committed a $15 million initial foreign direct investment in Argentina, expected to generate thousands of jobs and self-employment opportunities over the next three-plus years while further developing the Company's R&D capabilities

SWVL (NASDAQ: SWVL) appointed Ayman Ismail Mohamed Ahmed to its Board of Directors as an independent member and Chairperson of the Audit Committee, adding over 30 years of multinational leadership experience, including his role as President, North Africa and Chairman & CEO at Pepsi.

SWVL (NASDAQ: SWVL) entered into a definitive agreement with certain investors, including several members of its Board of Directors, to purchase $4.7 million of ordinary shares in a private placement priced at $4.79 per share — its closing price on November 15, 2024 — to accelerate expansion in high-value markets.