Swing

Swing

South Korean electric scooter and micromobility startup.

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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
N/A

€0.0

round
investor investor investor investor investor

€0.0

round
*

KRW30.0b

Series B
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-100 %175 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

Notes (0)
More about Swing
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The Swing is a South Korean mobility company that operates a comprehensive platform for urban transportation. The company provides a range of services, primarily focused on micro-mobility, including the rental of electric kickboards and electric bicycles. With a significant fleet of vehicles, The Swing has established a large-scale network, making it one of the major players in the South Korean market.

In addition to its micro-mobility offerings, the company has expanded its services to include taxi-hailing, integrating different modes of transportation into a single application. This multi-modal approach allows users to choose the most convenient option for their journey, from short-distance rides on a kickboard to longer trips in a taxi. The company's business model is based on a pay-per-use system for its shared vehicles and likely a commission-based fee for its taxi-hailing service. The Swing targets a broad customer base of urban commuters and residents who require flexible and on-demand transportation solutions.

Keywords: micro-mobility, electric kickboards, electric bicycles, ride-sharing, urban transportation, mobility platform, last-mile delivery, taxi-hailing, MaaS, South Korea

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Investments by Swing

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Tagogayo
ACQUISITION by Swing Sep 2023