Skip to content

URN Daily is live!

Our premium daily news package for investors. Click to learn more!

Kyivstar agrees to buy Ukraine's ride hailing business Uklon for $155 million

Uklon taxi in Dnipro, 2024 (Photo by Alex Blokha via WikiCommons, CCA 4.0)

Veon's Kyivstar, the Ukrainian telecoms operator, has signed a deal to buy Ukraine's ride-hailing and delivery platform Uklon for $155.2 million.

Uklon operates in 27 cities across Ukraine and in 2024 facilitated more than 100 million rides and over 3 million deliveries, Veon said in a press release on Thursday. In 2023, Uklon has entered the deliveries business and expended its operations into Uzebkistan.

This post is for subscribers only

Subscribe

Already have an account? Sign in

Latest

×
Subscribe to get your free URN Master Guide delivered to your inbox.
Please check your inbox and click the link to complete signup, Thank You!
Sorry, something went wrong. Please try again.
Please hold while we check our collection.