Careem

Careem Concludes Operations In Sudan

Careem Concludes Operations In Sudan
Careem Concludes Operations In Sudan
July 01, 2019  |  Retail

Less than a year after the ride-hailing company rolled out in Sudan, Careem has concluded its operations in the country, with a planned takeover by...

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Uber To Acquire Careem For $3B
Uber To Acquire Careem For $3B
March 24, 2019  |  Partnerships

Uber, the ride-hailing startup, is reportedly gearing up to make a $3 billion bid for Careem Networks, the Dubai-based ride-hailing company. Get the Full Story...

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Uber Reportedly Close To Buying Competitor Careem
Uber Reportedly Close To Buying Competitor Careem
February 28, 2019  |  Partnerships

Ride-hailing and food delivery app Uber is reportedly in “advanced” talks to buy Careem, a Dubai-based rival, according to reports. Get the Full Story Complete...

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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...

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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. Get the...

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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...

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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...

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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...

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