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Swvl, an Egyptian transport app startup targets Asia launches
- Tuesday | 12th November, 2019
ISLAMABAD, Pakistan (Reuters) – Swvl, an Egyptian startup with an app to book bus tickets, plans to launch operations in the Philippines, Indonesia and Bangladesh by the end of next year, a senior official said. The startup, which operates buses along fixed routes and allows customers to reserve and pay for them using its app, began operations in Egypt in 2017. We are planning to open in Manila, Jakarta and Dhaka,” Shahzeb Memon, Swvl Pakistan’s general manager told Reuters on Monday in a phone interview from Karachi. Swvl Pakistan responded with a statement saying the company always carried out its business in a lawful manner and was committed to complying with the region’s laws. Swvl says its service targets existing ride-hailing users and aims to create transportation options for a large and growing middle class in Asian cities.
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