70+ cities in the Middle East, Africa and Pakistan
Key people
Mudassir Sheikha
Magnus Olsson
Abdulla Elyas
Products
Mobile app
Services
Ridesharing
Online food ordering
Digital wallets
Grocery delivery
Parent
Uber and e& (Since 2023)
Website
careem.com
Careem is a Dubai-based super app with operations in over 70 cities, covering 10 countries across the Middle East, Africa, and South Asia regions.[2] The company, which was valued at over US$2 billion in 2018,[3] became a wholly-owned subsidiary of Uber after being acquired for $3.1 billion in January 2020.[4] Careem expanded into the food delivery business with Careem Now in November 2018,[5] which evolved into Careem Food as well as the rapid grocery delivery service Careem Quik in 2020,[6] and launched a digital payment platform, Careem Pay in April 2022.[7] In April 2023, Careem's Super App business was spun out into a new legal entity, which e& acquired a 50.03% stake in,[8] while Uber maintains full ownership of Careem's ride-hailing business. The Super App currently offers 20 digital services in the UAE including ride-hailing, food, grocery, micromobility, DineOut, and a subscription-based service - Careem Plus, amongst others.[9]
Careem's Super App has been described as a "one-stop-shop for all your daily needs".[10] The Dubai version of the Careem Super App, besides hosting the services provided by Careem itself, hosts offerings "powered" by other players within the local startup ecosystem- for instance, laundry is taken care of by Washmen, and an assortment of home services are covered by Justlife.[10]
^"Careem rolling out 'most significant rebrand' in its history". campaignme.com. Retrieved 2023-05-23.
^Zyl, Gareth van (2024-01-08). "Here is Careem's 2023 by all the numbers and figures". Retrieved 2024-03-21.
^"Mideast ride-hailing app Careem raises $200 million to expand, expects more funds". Bloomberg.com. 2018-02-02. Retrieved 2018-03-08.
^Somerville, Heather; Cornwell, Alexander; Azhar, Saeed (March 26, 2019). "Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East". Reuters. San Francisco/Dubai.
^"Careem NOW: Engineering a robust and scalable food delivery application". Monstarlab. 24 November 2020.
^Turak, Natasha (2021-12-09). "Uber-owned Careem gets in on the surging rapid grocery delivery market with UAE launch". CNBC. Retrieved 2024-03-21.
^Tala Michel Issa (21 April 2022). "Careem Pay launches digital wallet for money transfers, withdrawals in UAE". Al Arabiya English.
^Barrington, Lisa (2023-04-10). "UAE's e& takes $400 million majority stake in ride-hailer Careem's Super App". Reuters. Retrieved 2023-06-24.
^"From burgers to bikes: Careem announces major 2023 highlights".
^ abThomas, Aby Sam (2023-07-11). "Fueling Up: Careem's Entrepreneurial Journey Is Back On, Says Co-Founder And CEO Mudassir Sheikha". Entrepreneur. Retrieved 2024-03-21.
Careem is a Dubai-based super app with operations in over 70 cities, covering 10 countries across the Middle East, Africa, and South Asia regions. The...
2018. Retrieved 9 September 2017. "Ride or Drive with Careem in Cairo, Egypt – Careem". Careem.com. Archived from the original on 12 December 2016. Retrieved...
Abdul Mannan, and Rafiq Malik in 2016. It competes with inDrive, Yango, Careem and Uber in Pakistan. Bykea was started in December 2016 in Karachi, Pakistan...
jobs with businesses in Chicago and Miami. In January 2020, Uber acquired Careem for $3.1 billion and sold its Indian Uber Eats operations to Zomato. Also...
Learning". The Cloudflare Blog. 2019-02-20. "How Careem's Destination Prediction Service speeds up your ride". Careem. 2019-02-19. CatBoost GitHub - catboost/catboost...
company Careem. The same report stated they were also exiting Saudi Arabia and Egypt. Uber Eats has transitioned its operations to its subsidiary Careem in...
CloudFlare. Retrieved June 30, 2023. "How Careem's Destination Prediction Service speeds up your ride". Careem. February 19, 2019. Retrieved June 30, 2023...
investments in the region. 15 startup exits have been recorded in H1 2019, with Careem's $3.1 billion acquisition by Uber being the first unicorn exit in the region...
every major city and town in the kingdom, with private companies such as Careem, a subsidiary of Uber, providing similar services. The total area of the...
company also holds and has held stakes in Ozon.ru, AHA Life, Lyft, Cabify, Careem, Carousell and Acorns. Rakuten was founded as MDM, Inc. by Hiroshi Mikitani...
launched in 2011, Lyft was launched in 2012, DiDi was launched in 2012, Careem began operations in 2012, Bolt was founded in 2013, and Free Now was founded...
CS1 maint: archived copy as title (link) "Careem Cities Across the Region – See Where We Operate". www.careem.com. Retrieved 22 April 2022.[permanent dead...
People use private transport like Taxis, Careem, Uber, Bykea, and SWVL for local journeys. In March 2016, Careem became functional in Islamabad and Rawalpindi...
colour, yet have different roofs depending on the taxi operating company. Careem and Uber most of the online taxis are in Doha. Doha is the educational center...
control of some congested areas. Cairo Taxi/Yellow Cab Cairo Nile Ferry Careem Uber DiDi President Mubarak inaugurated the new Cairo Opera House of the...
Road, Dharampura, and Ghazi Road. Ride-sharing services such as Uber and Careem are available in the city. Motorcycle rides are also available in the city...
Global Information