Careem

Visa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa

Visa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa
Visa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa
June 30, 2020  |  VISA

Careem, the Dubai-based ride hailing company, has entered into a partnership with Visa to expand digital payments. Get the Full Story Complete the form to...

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Careem CEO: Full Recovery Far Away, But ‘Super App’ Expands
Careem CEO: Full Recovery Far Away, But ‘Super App’ Expands
June 01, 2020  |  Ridesharing

The CEO of Careem, Uber’s Dubai ridesharing subsidiary, said he doesn’t expect a full recovery until next year, but predicted accelerated expansion for the company’s...

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Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
May 05, 2020  |  Ridesharing

Dubai-based Careem, a subsidiary of Uber which performs similar ride-hailing business, announced it would be laying off 31 percent of its workforce due to the...

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Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
Egyptian Antitrust Reg Conditionally Approves Uber’s Careem Buy
December 29, 2019  |  Partnerships

Careem, an Egyptian domestic rival to U.S.-based Uber, is set to be acquired by their global competition giant. Get the Full Story Complete the form...

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Grab Expands Into Japan And Middle East
Grab Expands Into Japan And Middle East
November 18, 2019  |  Ridesharing

Grab has announced that it’s expanding so users of the ride-hailing service in Singapore, Malaysia and the Philippines will be able to book rides when...

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WeWork’s Fizzle Bodes Ill For IPOs
WeWork’s Fizzle Bodes Ill For IPOs
October 04, 2019  |  Exclusive Series

From the ashes of WeWork’s failed IPO … more ashes? Perhaps so, at least for the traditional IPO model. Get the Full Story Complete the...

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Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B
Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B
October 02, 2019  |  Partnerships

Uber coughed up over $3 billion to get its hands on Dubai’s ride-hailing startup Careem, the Financial Times reported on Wednesday (Oct. 2). Get the...

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Uber To Finance Careem Acquisition With $750M Of Debt
Uber To Finance Careem Acquisition With $750M Of Debt
September 12, 2019  |  Ridesharing

Uber said Thursday (Sept. 12) that it will tap $750 million in debt financing to help fund its $3.1 billion buy of Careem, a ride...

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