Swvl global expansion gets underway: Mass transportation startup Swvl has reached an agreement to acquire a controlling interest in Barcelona-based transportation platform Shotl, it said in a detailed press release out earlier today. The transaction, which was first revealed last night by Reuters, would see Swvl’s geographic footprint more than double with the addition of 22 cities across 10 countries across Europe, Latin America, and the Asia-Pacific region, including Brazil and Japan. This would see Swvl operate in a total of 32 cities in 16 countries, spanning the company said. Neither Swvl or Shotl disclosed the size of the transaction.

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