Swvl Holdings Corp. (United Arab Emirates)

The Company is a transformative tech-enabled mobility platform based in Dubai. The Company provides mass transit ridesharing services.
The Company is a British Virgins Islands business company incorporated under the laws of the British Virgin Islands.
The Company offers B2C Swvl Retail, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities; Swvl Travel that allows riders to book rides on long-distance intercity routes on vehicle available through the Swvl platform or through third-party services; and Swvl Business, a transport as a service enterprise product for businesses, schools, municipal transit agencies, and other customers.
HISTORY
2021 The Company was incorporated on July 23, 2021 for the purpose of effecting the Business Combination. The Company formerly known as “Pivotal Holdings Corp”.
2022 The Company changed its name to Swvl Holdings Corp on March 31, 2022. The Company s Ordinary Shares and Warrants are traded on the Nasdaq Capital Market under the symbols “SWVL” and “SWVLW,” respectively. On 25 May 2022, the Group acquired 100 of the shares of Volt Lines B.V. (“Volt Lines”), a company incorporated under the laws of the Netherlands, pursuant to the signed sale and purchase agreement. On 3 June 2022, the Group acquired 100 of the shares of Blitz B22-203 GmbH a Company based in Germany, subsequently Blitz B22-203 GmbH acquired 100 of the shares of Door2Door GMBH (“Door2Door”), a company incorporated under the laws of Germany, pursuant to the signed sale and purchase agreement.