All posts tagged "Uber Careem Deal"
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19.7KNewsUber-Careem deal gets regulatory approval from UAE
Uber’s $3.1 billion acquisition of Careem has received the green light from the UAE with country’s Ministry of Economy granting full approval...
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8.5KNews
Uber’s IPO filing: Uber & Careem to share demand and supply, Careem to exit Sudan, a possible reduction in $3.1 billion price and more
Uber last week filed its paperwork (S-1) with Security Securities and Exchange Commission (SEC) to go public on the New York Stock...
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13.0KNewsCareem CEO Mudassir Sheikha’s letter to staff on acquisition by Uber
Careem’s co-founder and CEO Mudassir Sheikha sent an email to Careem staff the day company announced its acquisition by Uber. The email...
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7.3KNewsCareem’s story will inspire young people in MENA to launch and join startups, says Mudassir Sheikha
Mudassir Sheikha, the co-founder and CEO of Careem, in an interview with Al Arabiya English, where he was also joined by Ubero...
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11.2KNewsSTC Ventures, the first institutional investor in Careem makes over 100x return on their initial investment
STC Ventures, the first institutional investor that had led Careem’s $1.7 million seed round in 2013 with an investment of $1 million...
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24.3KNews75 Careem employees to become dollar millionaires after company’s sale to Uber, another 200 to earn at least $270,000 each: report
Hundreds of Careem employees are set to benefit from company’s sale to Uber, according to a report by The National. As many...
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17.0KEcosystemFadi Ghandour believes Careem’s big exit will bring the next wave of entrepreneurship in MENA
Careem’s exit is the biggest success story to come out of Middle East & North Africa’s technology ecosystem and it will spark...
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8.1KNewsSaudi-based travel group Al Tayyar wins big with Uber-Careem deal earning profit close to $500 million on their Careem investment
Saudi-based travel group Al Tayyar has won big with Uber-Careem deal, earning a gross profit of $474 million (SAR 1.78 billion) on...