How Careem went from a $100,000 founder bet to a $3.1 billion Uber deal

Mudassir Sheikha left McKinsey to co-found Careem in 2012, putting in $50,000 of his own money. Seven years later, Uber ...
Business Insider

I took a Careem, the ride-hailing app Uber snapped up for $3 billion to dominate the Middle East. It was clear why Uber wanted it.

Uber completed a $3.1 billion takeover of the Dubai-based ride-hailing app Careem earlier this month. Careem is a wildly popular service only available in 15 countries across the Middle East and North ...
Business Wire

Careem Accelerates Middle East Ride Sharing with Network and Contact Center Services from Orange Business Services

Locally innovated ride-hailing service enabled by digital technology Service supports 400 agents managing 10,000 calls a day in more than 80 cities PARIS & DUBAI, United Arab Emirates--(BUSINESS WIRE) ...
CNBC

Uber-backed ride hailing app Careem is halting its operations in Qatar

Uber bought Dubai-based Careem for $3.1 billion in 2019 Despite Uber's acquisition of Careem, the ride-hailing app's business in Qatar is not owned by Uber, which was subject after the deal to local ...
Yahoo

Careem planning to spend $150 million to launch food delivery business - sources

DUBAI (Reuters) - Middle East ride-hailing app Careem is planning to spend up to $150 million to launch its food delivery business as early as September, according to two sources with direct knowledge ...
Arabian Business

Dubai airport opens new air-conditioned Uber and Careem lounge at DXB Terminal 3

Dubai International Airport has opened a new air-conditioned Uber and Careem lounge at DXB Terminal 3, with charging points, ...
Forbes

Meet Careem, The Middle Eastern Ride Hailing App Giving Back To Its Drivers

When it comes to startup success stories in the UAE, ride-hailing service Careem is undoubtedly in the driving seat. Every week thousands of people in the Middle East and North Africa (MENA) region ...