DUBAI, March 28 (Reuters) - Uber Technologies' UBER.N Middle East subsidiary Careem is in advanced talks with Emirates Telecommunications Group Company EAND.AD to invest in its expansion into services ...
DUBAI, United Arab Emirates — Uber-owned ride-hailing service Careem announced Monday a spinout with major backing from a new source, as well as from its parent company. Tech holding company e&, ...
Careem, the Middle Eastern ride-hailing service owned by Uber, will suspend its ride-hailing operations in Pakistan on July 18, 2025, due to macroeconomic challenges, intense competition, and global ...
Careem, the Middle East-based ride-hailing company that Uber bought in 2019, is spinning out its super app business into a new startup backed with $400 million from Emirates Telecommunications Group ...
Uber-backed ride hailing service Careem announced on Tuesday an end to its operations in Qatar. The surprise announcement, which went into effect immediately on Feb. 28, comes just months after the ...
DUBAI (Reuters) - Careem has resumed services in Muscat, Oman after signing an agreement to partner with a local taxi company, the Middle East ride-hailing app company said on Monday.
Careem's ride-hailing business remains fully owned by Uber, which acquired it for $3.1 billion in 2019. Uber's stake in the spinout is currently undisclosed. Careem Technologies will focus on the ...
The surprise announcement, which went into effect immediately on Feb. 28, comes just months after the country became the first Middle Eastern nation to host the World Cup. Careem played a key role in ...
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