GlobeNewsWire
05 Jun 2026, 08:31 UTC · 1h ago
VEON's Kyivstar to Expand Digital Mobility Ecosystem with Acquisition of E-wings by Uklon
GlobeNewsWire
05 Jun 2026, 08:31 UTC · 1h ago
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3 claims · impact-rated
Uklon, a subsidiary of Kyivstar (VEON), has signed a definitive agreement to acquire 100% of electric scooter operator E-wings for approximately USD 2.2 million. — The acquisition expands VEON's digital ecosystem into micromobility, though the transaction size is relatively small compared to the parent company's scale.
+0.20Uklon is integrating E-wings' fleet of approximately 3,000 scooters across 11 Ukrainian cities into its multimodal mobility platform. — This enhances the utility of the Uklon app, potentially increasing user retention and diversifying revenue streams in the Ukrainian market.
+0.10The acquisition follows Uklon's recent launch of Ukraine's first live autonomous vehicle testing program. — Signals a strategic shift toward high-tech autonomous mobility, which may attract long-term growth investors to VEON/Kyivstar.
+0.10Ticker attribution
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Model heads
The company's digital platform, Uklon, is expanding into a multimodal mobility platform by acquiring E-wings.
The company is expanding its digital ecosystem through the acquisition of E-wings via its subsidiary.
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