Careem
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Careem looks at raising upto $200 million from Chinese investors
Nov 20, 2018Careem, Uber’s main Middle East rival, is looking at raising between $100 million and $200 million from Chinese investors, a source with direct knowledge of the matter told Reuters. Investment bank China International Capital Corporation (CICC)... -
Uber is in preliminary talks with Careem to combine their Middle Eastern ride-hailing services
Jul 4, 2018Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported on Tuesday, citing three people familiar with the matter. The companies have discussed several potential deal structures and... -
Careem to appeal after a court banned its services in the capital Amman in Jordan
Apr 24, 2018Careem, the Middle East ride-hailing app, said on Tuesday it would appeal after a Jordanian court banned its services in the capital Amman. Jordan’s telecommunications regulator said in a statement on its website that the app... -
Careem hit by a cyber attack compromising the data of 14 million users,
Apr 23, 2018Careem, Uber’s main ride-hailing app rival in the Middle East, was hit by a cyber attack that compromised the data of 14 million users, it said on Monday. The company learned of the breach, in which... -
Careem resumed services in the Palestinian city of Ramallah
Mar 28, 2018Middle East ride-hailing app Careem said on Wednesday it had resumed services in the Palestinian city of Ramallah in the Israeli-occupied West Bank after striking a deal with Palestinian transport authorities. Dubai-based Careem suspended services in... -
China’s Didi Chuxing to take on Uber in Middle East
Oct 26, 2017News Hour: Middle Eastern taxi app firm Careem hopes investment from China’s Didi Chuxing will help it’s rival Uber across the region. The two sides signed a deal to work together earlier this year, as competition...
