WebApr 10, 2024 · Careem’s ride-hailing business remains fully owned by Uber, which acquired it for $3.1 billion in 2024. Uber’s stake in the spinout is currently undisclosed. Careem … Careem is a Dubai-based super app with operations in over 100 cities, covering 12 countries across the Middle East, Africa, and South Asia regions. The company, which was valued at over US$2 billion in 2024, became a wholly-owned subsidiary of Uber after being acquired for $3.1 billion in January 2024. Careem expanded into the food delivery business with Careem Now in Novem…
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