Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of Careem is subject to applicable regulatory approvals. The transaction is expected to close in Q1 2020. Uber will acquire all of Careem’s mobility, delivery, and…
Jazz, the country’s leading digital communications company, has partnered with Careem, Pakistan’s leading ride-hailing app, to offer doorstep services to current and potential Jazz customers. This partnership will allow people to buy Jazz SIMs, port their current mobile numbers to Jazz’s platform, get their SIMs replacement and recharge their accounts without leaving their homes –…
Jazz and Careem have collaborated to offer various promotions to Jazz subscribers who travel with Careem throughout the year. This collaboration will see Jazz and Careem introduce promotional offers across 15 cities throughout the year 2018. Moreover, Careem users will soon be able to buy credits for their rides using JazzCash Mobile Account & JazzCash…
Zong 4G has entered into a partnership with region’s top ride hailing app, Careem to offer exciting value propositions for its customers. The companies have collaborated to deliver discounts to Zong customers for hailing rides through app thus, enriching their experience. By simply using the code, “ZONGFREE” the new users of Careem app can avail…
Jazz has partnered with Careem, the ride hailing service in Pakistan, to fulfill its employee’s official transport needs. The service will be offered to the Jazz employees in Islamabad, Lahore and Karachi for free. As stated in a press release, the partnership with Careem is a move “to empower employees and showcases Jazz’s commitment to…
Zong 4G has partnered with Careem, a ride hailing service in Pakistan, to bring free rides and exclusive discounts for its customers. Under this partnership, all new customers can get a first free ride and can avail a discount of 20% on next 4 ride rides by using the discount code ‘ZONGFREE’ on Careem’s application….
Recently gone viral story about restrictions or ban over the taxi services Careem and Uber, has just been turned down by the government of Punjab. According to earlier reports today, Punjab and Sindh governments had declared the services as illegal while they were operating in the country without proper commercial licensing and permit for the…
A few hours ago Punjab Government’s Provincial Transport Authority issued a notification to City Traffic Police Lahore declaring all those local private and multinational taxi hailing services including Uber and Careem as illegal. Following that, Sindh Government has also issued notifications to a private taxi service in the province. The governments have prohibited the services from…
Careem, the taxi hailing service in the Middle East and North Africa, announced today a first close in its $500 million funding round. The investment of $350 million is co-led by Rakuten, Inc., a global leader in internet services and innovation headquartered in Japan, and Saudi Telecom Company (“STC”), the largest telecom operator in the…
The taxi-hailing service – Careem, has introduced female drives in Pakistan to empower women in the region. With the campaign “Main Hoon Azaad”, the service has started with women as captains in Karachi, Lahore and Islamabad. Careem has a larger market share than rival Uber in most of the 32 cities in the Middle East, North Africa,…
