Egypt’s SWVL Cancels $100 Million Acquisition of UK-Based Zeelo

Egypt’s transport and mobility solutions provider SWVL has aborted its planned acquisition of Zeelo, a UK-based B2B smart buses operator. SWVL in April announced plans to acquire Zeelo for $100 million. Zeelo was founded in 2016 by Sam Ryan, Barney Williams and Dani Ruiz and is the UK’s largest smart bus platform and technology scale-up, measured by bookings. The … Continue reading Egypt’s SWVL Cancels $100 Million Acquisition of UK-Based Zeelo