Dubai’s Swvl to acquire UK smart mobility platform Zeelo in expansion push – The National

  • Date: 30-Apr-2022
  • Source: The National
  • Sector:Economy
  • Country:UAE
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Dubai’s Swvl to acquire UK smart mobility platform Zeelo in expansion push – The National

Dubai-based shared mobility services provider Swvl has entered into a definitive agreement to acquire UK-based smart bus platform and technology start-up Zeelo, as it continues to expand globally.

The deal will expand Swvl's worldwide footprint to 146 cities across 21 countries, including immediate entry into two big markets, the US and South Africa, while boosting its sustainable business model, it said on Friday.

The terms of the deal, which is expected to be finalised in May, were not disclosed.