Mobility Services

Search documents
Swvl Grows 12.4% Quarter on Quarter in IFRS Revenue, 47% Quarter on Quarter Growth in Revenue in Constant Currency, and Achieves $0.8 Million in Net Profit in Q1 2025
Globenewswire· 2025-05-14 11:00
Revenue growth of 12.4%, and 47% in constant currency for Q1 2025 over Q1 2024 Achieved $0.8 million in Net Profit in Q1 2025 Dollar pegged revenue increased to 34.7% of total revenue for Q1 2025, a 118% increase over Q1 2024 and recurring revenue reached an all-time high of 86% of total revenue Record high for Swvl's revenue in the Kingdom of Saudi Arabia, representing a 100% increase in quarter on quarter (QoQ) revenue and 97% increase in QoQ gross margin DUBAI, United Arab Emirates, May 14, 2025 (GLOBE N ...
Webus International Limited Announces Strategic Expansion into Japan with New Osaka Subsidiary
Newsfilter· 2025-04-22 12:29
Osaka is poised for additional growth. In 2023, Osaka welcomed 15.6 million international tourists, surpassing its 2019 peak, with spending of $22.67 billion. Nationally, Japan hosted 36.9 million visitors in 2024, spending JPY 8 trillion ($51.2 billion), contributing 7.5% to GDP, with 2025 projections targeting 40 million visitors and JPY 9–10 trillion, and a 2030 goal of 60 million and JPY 15 trillion (JNTO, Statista). About Webus International Limited Webus International Limited is a leading provider of ...
Webus International Limited CEO Nan Zheng Shares Post-IPO Progress and Strategies
Globenewswire· 2025-03-12 12:45
Core Viewpoint - Webus International Limited successfully completed its IPO on the Nasdaq Capital Market in the third fiscal quarter of 2025, outlining its strategic vision and future growth plans [1] Company Overview - Webus International Limited is a leading provider of AI-driven mobility solutions, specializing in premium, customizable chauffeur services worldwide [12] - The company operates under the "Mobility-as-a-Service" model, integrating real-time AI support with 24/7 itinerary management through its Wetour brand [2][12] Service Offerings - The company provides a range of premium chauffeur services globally, including airport transfers, intercity transportation, guided tours, and chartered services for both business and leisure travelers [3][12] - Services cater to various needs, from economical options to premium offerings, targeting both individual and corporate clients [3] Strategic Initiatives - The company is focusing on several key strategic initiatives to drive growth and enhance shareholder value: - Integration of its platform into a comprehensive ecosystem, fostering both vertical and horizontal integration [4] - Investment in Big Data and AI innovation, utilizing capital from the IPO to enhance technological capabilities [5] - Expansion into strategic markets such as Japan, Europe, and the Middle East, building on the success of the Wetour brand launched in North America [6] - Engagement with a younger audience through content innovation and new media advertising [7] - Pursuit of strategic alliances and acquisitions to complement existing operations [8] Competitive Advantages - The company boasts a high degree of digitalization, enabling seamless coordination across departments and better understanding of user preferences [9] - It has established strategic relationships with key suppliers and has access to over 11,000 dispatchable vehicles in mainland China and approximately 10,000 drivers outside China [15] Future Outlook - The capital raised from the IPO will accelerate expansion plans and enhance technological capabilities, positioning the company as a leading provider of AI-driven mobility solutions globally [10][11]