VEON's Uklon Expands Mobility Ecosystem with New Travel Service, Strengthening Position in Ukraine

VEON Ltd. has announced that Uklon, its subsidiary in Ukraine, has expanded its mobility ecosystem with the launch of a new "Travel" service, enabling users to book domestic and international bus tickets directly within the Uklon app. The service builds on Uklon's existing platform, which offers ride-hailing, delivery, and adtech services, and positions the platform to capture a larger share of transportation spend per user. With an established base of 3.8 million monthly active users, Uklon operates at an annualized revenue run rate of over USD 100 million.