Some of the new money raised could go towards new business lines, one source said, adding Careem may be looking to diversify ahead of a potential initial public offering (IPO).
Careem to expand operations in Pakistan
Careem, Dubai-based ride-hailing firm, is planning to extend its operations across 30 new cities in Pakistan, according to a Bloomberg …
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Saudi billionaire joins Daimler AG in $500m Careem funding
Prince Alwaleed bin Talal has teamed up with Daimler AG, the world’s biggest luxury-car maker, as an investor in a $500 million-fundraising bid by Dubai-based ride-hailing company, Careem.