MEXICO CITY, Sept. 13, 2023 /PRNewswire/ — Kolors, the first digital intercity mass mobility ecosystem in Mexico and the US transporting over two million passengers, today announced the acquisition of Urbvan, the Mexican tech-enabled B2B personnel transportation platform of SWVL. This strategic acquisition positions Kolors to capitalize on the high-growth Mexican nearshoring opportunity and expand into the $40B global corporate personnel transportation market, alongside the already existing $100B intercity bus market Kolors serves.
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