Dubai’s Careem Pay Unveils Instant Money Transfers to Europe
Dubai-based Careem Pay is now offering international remittance service to European countries including Spain, Italy, France, Ireland, and Germany.
Careem
Careem and Payrails join forces to optimize payment performance across MENA
The partnership aims to facilitate payments for Careem’s services, including ride-hailing, food and grocery delivery, bill payments, and more.
New York’s Endeavor Catalyst raises $134 Mn for Fund III from Careem & more
New York-based venture capitalist Endeavor Catalyst yesterday (16 September 2020) raised $134 million for its Fund III from Careem & others.
Careem’s GM for Levant, Sabri Hakim joins Jordan’s edtech platform Abwaab
Jordan's Abwaab today announced that Sabri Hakim, former general manager at Careem for Levant, has joined Abwaab as the Co-founder & CEO
Kitab Sawti announces partnership with Careem KSA
Founded in 2016 by Sebastian Bond and Anton Pollak, Kitab Sawti is a Dubai-based Arabic audio content production and distribution platform
Careem invests $50 Mn in its new Super App as a part of COVID-19 revival plans
Dubai, UAE-based ride-hailing unicorn Careem has reportedly launched its Super App across 13 markets and invested $50 million in the same.
Careem lays off 31% workforce amid losses due to COVID-19
Careem has recently announced that it is officially laying off 31 percent of its employees in a wake of huge losses amid the COVID-19 crisis.
Uber Eats exits 7 markets including Egypt & KSA, will operate under Careem Now in UAE
The foodtech joint of the international ride-hailing unicorn Uber has shut down its operations in a total of 7 markets including Egypt and Saudi Arabia.
Careem to offer financial services in cash-based mode in the Middle East via Careem Pay
UAE and MENA's ride-hailing unicorn Careem which was acquired by Uber back in January is reportedly aiming to tap into the financial services sector.
[Big News] Uber closes the acquisition of Middle-Eastern rival Careem for $3.1 Billion
Careem Networks FZ-LLC is now a wholly-owned subsidiary of Uber. The co-founder & CEO of Careem Mudassir Sheikha will continue to lead the Careem business.
Careem & Uber Revoke Cheap Ride Options in Dubai
As per the decision laid down by Dubai RTA (Roads and Transportation Authority), Uber and Careem have discontinued cheap ride option in Dubai.
Dubai’s Careem Eyes New Markets for Hala Taxi JV
Ride-hailing app Careem plans to expand its newly launched Hala joint venture to other parts of the region following its initial success in Dubai