AcquisitionsJun 5, 2026, 04:31 AM
Kyivstar's Uklon Acquires E-wings for UAH 97.6M ($2.2M)
AI Summary
Kyivstar Group Ltd. announced that its subsidiary, Uklon, Ukraine's leading ride-hailing service, has signed a definitive agreement to acquire E-wings, a prominent Ukrainian electric scooter and micromobility operator. The acquisition, valued at UAH 97.6 million (approximately $2.2 million), is expected to close in Q3 2026. This strategic move aims to expand Uklon's offerings beyond ride-hailing into a comprehensive urban mobility ecosystem, integrating E-wings' services directly into the Uklon application.
Key Highlights
- Kyivstar's subsidiary Uklon to acquire E-wings, a Ukrainian electric scooter operator.
- Acquisition price is UAH 97.6 million (approximately $2.2 million).
- Transaction is expected to close in the third quarter of 2026.
- Acquisition aims to transform Uklon into a comprehensive urban mobility ecosystem.
- E-wings operates in 11 cities with a fleet of approximately 3,000 electric scooters.
- Uklon's platform currently includes ride-hailing, delivery, ads, and travel.
- Uklon recently launched Ukraine's first live testing of autonomous vehicle technology.
Price Impact
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