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Uber in talks to buy Dubai ride-hailing rival Careem: BloombergRide-hailing company Uber Technologies Inc [UBER.UL] is in talks to buy Dubai-ba... how can uber be still in business? cos I'm pretty sure they have not turned a profit since they started Careem is making big strides in GCC more than Uber hyzaidi NOOOOOOOOOOOOOOO
Source: Reuters - 🏆 2. / 97 Read more »
Careem, a ridehailing company in acquisition talks with Uber, raised $200 million from Saudi backersCareem, a Dubai-headquartered rival to Uber, has raised the first $200 million of a $500 million funding round to expand its service. One of its main backers is Saudi Arabia's Kingdom Holding Company, and the deal comes at a sensitive time. Careem? Crypto_News___ Great
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mideast ride-hailing firm Careem working with Jefferies: sourcesMiddle East ride-hailing firm Careem has been working with investment bank Jeffe...
Source: Reuters - 🏆 2. / 97 Read more »
Careem launches delivery service, expects to close funding round soonCareem launched a delivery service covering everything from takeaway food to pha...
Source: Reuters - 🏆 2. / 97 Read more »
The founder of Uber's Middle East rival says the Khashoggi killing won't slow investor interestThe taxi app Careem recently secured $200 million in fresh funds from Saudi Arabia.
Source: CNBC - 🏆 12. / 72 Read more »
The founder of Uber's Middle East rival says funding and investment 'will not be an issue'The taxi app Careem recently secured $200 million in fresh funds from Saudi Arabia.
Source: CNBC - 🏆 12. / 72 Read more »
Dubai-based mobile payments provider Beam goes global after major retail acquisitionDubai-based mobile payments platform Beam will expand into seven new markets next year, seeking international growth in the increasingly competitive and fragmented payments sector.
Source: CNBC - 🏆 12. / 72 Read more »
Saudi prince is investing millions more in Uber's Middle East rivalDubai ride-hailing app Careem has received $200 million in a funding round led by Saudi Prince Alwaleed Bin Talal's Kingdom Holding company. Red flag!
Source: CNN - 🏆 4. / 95 Read more »
Dubai by numbers: Making sense of a city on the moveWhat makes Dubai tick? We go on a whistlestop tour of the places that have turned a Middle Eastern upstart into a global powerhouse.
Source: CNN - 🏆 4. / 95 Read more »
The Museum of the Future in Dubai is an architectural wonderThis futuristic museum won't hold artifacts or art from the past...but ideas about the future. This isn't about Orange Man being Baf. A sideways egg with a hole in the right. Absolutely stunning! Visionary.
Source: CNBC - 🏆 12. / 72 Read more »