{"id":564258,"date":"2021-08-19T13:39:05","date_gmt":"2021-08-19T13:39:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/19\/swvl-plls-trggr-on-shotl-acuisn\/"},"modified":"2021-08-19T13:39:05","modified_gmt":"2021-08-19T13:39:05","slug":"swvl-plls-trggr-on-shotl-acuisn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/19\/swvl-plls-trggr-on-shotl-acuisn\/","title":{"rendered":"Swvl plls trggr on Shotl acui\u2019sn"},"content":{"rendered":"

<\/a> Swvl global expansion gets underway:<\/strong> 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<\/a> out earlier today. The transaction, which was first revealed last night<\/a> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10045],"tags":[633,7128,3564,507],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564258","post","type-post","status-publish","format-standard","hentry","category-speed-round-ma-watch","tag-enterprisepm","tag-ma-watch","tag-shotl","tag-swvl","wpautop","entry"],"acf":{"mongo_id":"8d96b790-e0a2-439a-bb8b-c8abd6155b3b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[564253],"teaser":"","voice_url":""},"yoast_head":"\nSwvl plls trggr on Shotl acui\u2019sn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/19\/swvl-plls-trggr-on-shotl-acuisn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swvl plls trggr on Shotl acui\u2019sn\" \/>\n<meta property=\"og:description\" content=\"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. 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Shotl, an unnamed source with direct knowledge of the transaction tells Reuters. The source did not disclose details on the timeline or value of\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/206.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558862,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/swvl-to-invest-up-to-usd-300-mn-globally-over-next-three-years\/","url_meta":{"origin":564258,"position":1},"title":"Swvl to invest up to USD 300 mn globally over next three years","author":"enterpriseam admin","date":"30 August 2021","format":false,"excerpt":"Mass transport startup Swvl is planning to invest USD 250-300 mn over the next three years to expand its global footprint, the company\u2019s CFO Youssef Salem told Al Mal. 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