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Swvl's terrible unit economics

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Swvl's terrible unit economics

Zubair N. Paracha
Dec 26, 2022
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Swvl's terrible unit economics

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Good afternoon,

Swvl’s market cap as of December 23rd is less than $15 million. This is what a lot of pre-seed stage startups in the region raised money at, last year - and some even in the first half…

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