Careem news and trends

Uber Launches Travel Feature to Grab MENA Market Share
Ridesharing // January 05, 2023

Uber has launched Uber Travel in the Middle East and North Africa (MENA) region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Qatar World Cup Boosts Ride-Hailing, Food Delivery Demand Across MENA
International // November 17, 2022

Ahead of the World Cup opening ceremony on Sunday (Nov. 20), soccer fans from around the globe have been arriving in Qatar, giving an economic boost to the country’s tourism and hospitality sector. Get the Full Story Complete the form to unlock this article and...

MENA Food Delivery Service Bucks Global Downward Trend as Europe Business Retreats
Delivery // July 27, 2022

The food delivery space has been having a rough time lately, particularly in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

MENA Weekly: Crypto, eCommerce Reaffirm UAE’s Position as Cornerstone of Regional Economy
International // July 22, 2022

In news from the Middle East and North Africa (MENA), the United Arab Emirates is a cornerstone of the regional economy, attracting international investment and acting as a base for many global companies that do business in the wider region. Get the Full Story Complete...

Interviews & Exclusives
Visa On The Role of ‘Super Apps’ In Driving Emerging Market Growth

July 13, 2020
“Careem” is an Arabic word meaning, in part, “noble, admirable and praiseworthy.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Quick Reads
e& Invests $400 Million in Uber’s Careem Super App Spinout

April 10, 2023
Technology and investment group e& has acquired a majority stake in the Careem super app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]

Careem Makes Second Acquisition This Week With Denarii

July 01, 2022
Ride hailing, payments and food delivery platform Careem picked up money transfer firm Denarii for undisclosed terms, its second acquisition this week, according to a press release on Friday (July...

EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium

June 24, 2022
In today’s news, venture capital fund Presto Ventures has a new fund to help B2B startups, while delivery firm Gorillas is closing warehouses and planning to exit Belgium. Get the...

Careem Boosts Food Delivery Space Footing With MUNCH:ON Acquisition

June 24, 2022
Careem, the Dubai-based ride-hailing company with operations in over 100 cities across the Middle East, Africa and South Asia has acquired the food delivery platform MUNCH:ON for an undisclosed sum....