The agreement was broken off due to a market downturn.
Swvl to buy Zeelo of UK
The buyout will give Swvl a foothold in developed markets.
Dubai-based Swvl to go public through $1.5bn SPAC deal
The company has signed a merger deal with Queen’s Gambit Growth Capital, the first special purpose acquisition company (SPAC) led by women, that would result in Swvl being listed on Nasdaq.
