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A look at the rise and fall of Dubai-based ride-hailing firm Swvl, the Middle’s East first $1.5B Nasdaq-listed unicorn, now worth ~$9M after a 99%+ stock drop (Bloomberg)

Posted 3 weeks ago by technology_o6swjd

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Bloomberg:
A look at the rise and fall of Dubai-based ride-hailing firm Swvl, the Middle’s East first $1.5B Nasdaq-listed unicorn, now worth ~$9M after a 99%+ stock drop  —  In July 2021 the world’s tallest tower, the Burj Khalifa in Dubai, was briefly lit up in brilliant red, with animated electronic text scrolling …

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