Careem

Why Uber is Buying its Middle East Rival Careem for $3.1 Billion

The move has come after Uber recorded heavy losses last year ahead of its plans for an initial public offering

Komal Nathani

· 3 min read

A Milestone For the MENA Startup Ecosystem: Uber Acquires Careem For US$3.1 Billion

The deal will see Careem becoming a wholly owned subsidiary of Uber, though Careem will continue to operate independently under the leadership of current CEO and co-founder Mudassir Sheikha.

Aby Sam Thomas

· 2 min read

What Made Dubai's Careem Get Interested in This Indian Startup?

Careem has an India connection - it recently acquihired Hyderabad-based Commut

Sanchita Dash

· 4 min read

Driving Growth: Careem's Zach Finkelstein On His Company's Market Potential

Careem has appointed the co-founder of Silicon Valley-based investment firm Lumia Capital, Zach Finkelstein, as its Vice President of Corporate Development to help drive this stage of the business' trajectory.

Entrepreneur Middle East Staff

· 4 min read

Chinese Ride-Hailing Giant Didi Chuxing Invests In Careem

The Middle East (and global) ride-hailing technology space has taken an exciting turn as the Dubai-headquartered Careem announced a strategic partnership with Chinese ride-hailing giant Didi Chuxing.

Entrepreneur Middle East Staff

· 2 min read

Careem Backs Egypt-Based Transportation Startup Swvl With Seed Funding

As per a statement on the seed funding, Swvl proposes to utilize the investment to "expand into new cities and markets, as well as roll out new product features within its app, including new payment options."

Entrepreneur Middle East Staff

· 3 min read

Careem Users Will Now Be Able To Book A Ride Through Apple's Siri

Local cab service Careem has struck a partnership with Apple which allows its app to be integrated with Siri.

tbreak

· 1 min read