RIYADH: Swvl Holding Corp., a Dubai-based transportation and ride-sharing company, acquired Volt Lines, a Turkish transport company in a $40 million deal.
Marking its fourth acquisition since August, Swvl will now have access to Volt Lines technology as well as 110 corporate client contracts, according to MAGNiTT.
The deal comes as Swvl’s expands further into global markets, having acquired Berlin-based Door2door last month, Latin America’s ViaPool in November, and Shotl in Spain in August.
