According to a senior official, Swvl, a mobile service that lets users reserve bus tickets online, aims to start operation in the Philippines, Indonesia and Bangladesh by late next year.
The company runs buses along fixed routes and allows users to book seats and pay for them through its app. Recently, it established this in Pakistan and shifted its headquarters to Dubai.
Swvl Pakistan’s general manager, Shahzeb Memon said,
By the end of next year, we want to be in more cities, a city is a market for us. We are planning to open in Manila, Jakarta and Dhaka.
In August, it started its functions in Karachi, Lahore and Rawalpindi with plans to invest $25 million in Pakistan, create 10,000 jobs and bring half a million customers by 2021, Memon added.
Swvl says its service aims to compete with current ride-hailing companies by providing transportation options for the substantial and increasing middle class in Asian cities. Swvl is 30%-40% less expensive than using a car, Memon said.
