Careem

Uber And Careem In Talks To End Costly Rivalry
Uber And Careem In Talks To End Costly Rivalry
July 05, 2018  |  Ridesharing

Uber Technologies, the ride-hailing company, is reportedly in early-stage talks with Careem Networks, the Middle East-based ride-hailing company, to combine operations or for Uber to buy the company...

READ MORE >
Careem Networks Close To Raising $500M In Funding
Careem Networks Close To Raising $500M In Funding
May 23, 2018  |  Investments

Ride-hailing company Careem Networks FZ, which is an Uber competitor in the Middle East, could be on the cusp of raising $500 million from investors. Bloomberg reported...

READ MORE >
Careem Buys RoundMenu To Launch Food Delivery Service
Careem Buys RoundMenu To Launch Food Delivery Service
February 19, 2018  |  Delivery

Careem, the ride-hailing company based in the Middle East and an Uber rival, announced Sunday (Feb. 18) that it acquired RoundMenu, the restaurant listing and...

READ MORE >
Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
Automakers Rev Up Venture Capital Engine With 38 Investments in 2017
January 19, 2018  |  Investments

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. Some...

READ MORE >
Middle East Online Marketplace Slowly Taking Shape
Middle East Online Marketplace Slowly Taking Shape
August 28, 2017  |  Retail

eCommerce has become a natural part of life in many parts of the world, but that hasn’t been the case in the Middle East. Most...

READ MORE >
Today In Data: MobiKwik, Careem Raise Funds In Funding Round
Today In Data: MobiKwik, Careem Raise Funds In Funding Round
June 16, 2017  |  Today In Data

Mobile devices are helping shape the way today’s consumers interact with companies and brands. There’s no question when it comes to how mobile devices are...

READ MORE >
Careem Raised $150M As Part Of A $500M Venture Capital Funding Round
Careem Raised $150M As Part Of A $500M Venture Capital Funding Round
June 16, 2017  |  Ridesharing

Careem, a transportation startup that is in 80 cities across the Middle East, has reportedly raised $150 million, closing a Series E venture capital funding...

READ MORE >
PYMNTS Daily Data Dive: Careem’s Funding
PYMNTS Daily Data Dive: Careem’s Funding
December 21, 2016  |  Daily Data Dive

Taxi-hailing app Careem, a competitor to Uber in the Middle East, has raised $350 million in venture funding led by Rakuten, the Japanese eCommerce company, and...

READ MORE >
Careem Raises $350 Million In Funding
Careem Raises $350 Million In Funding
December 20, 2016  |  Investments

Taxi-hailing app Careem, which is a competitor to Uber in the Middle East, has raised $350 million in venture funding. According to a report in...

READ MORE >