Posted inMexico, News

Swvl Acquires Transportation Startup Urbvan for US$82 Million

Nasdaq-listed transportation startup Swvl Holdings Corp. acquired Mexico’s Urbvan for US$82 million. With this transaction, the company expands its presence to 164 cities in 22 countries, boosting its growth in Latin America, where it already has a presence in Brazil, Argentina, and Chile. “Thanks to this merger, Urbvan becomes a global company,” Joao Matos Albino, […]