Ride-hailing app Uber ceases operations across PakistanUber ceases operations in Pakistani, directing users to switch to Careem. Uber had already ceased operations in Karachi, Multan, Faisalabad...
30 Apr, 2024, 04.58 PM IST
Dubai airport issues travel alert as it prepares to welcome 3.3 million travellers over 13 daysDubai International Airport is preparing for one of its busiest period as 3.3 million travelers are expected over the next 13 days. August ...
16 Aug, 2023, 04.22 PM IST
Uber's Middle East subsidiary Careem offloads 50.3% stake in super app to Emirates TelecomThe super app will be managed by Careem founders Mudassir Sheikha and Magnus Olsson, said the company, formerly known as Etisalat Group and...
10 Apr, 2023, 01.47 PM IST
Zomato does it again! Trolls Careem Pakistan after crushing defeat at T20 World CupIndia won the match by four wickets with Virat Kohli scoring an unbeaten 82 off 53 balls.
24 Oct, 2022, 05.53 PM IST
Uber exits five Pakistani cities, to continue services via unit CareemThe change, effective immediately, also covers the cities of Multan, Faisalabad and Peshawar, but the Uber app will continue operations in ...
11 Oct, 2022, 05.39 PM IST
Zomato's dig at Pakistani app on India's loss to Pak is winning the InternetThe outcome of the match spiralled into a meme-war between fans of India and Pakistan.
06 Sep, 2022, 07.59 PM IST
Zomato's savage reply to Pak meme on India's Asia Cup lossShortly after Pakistan defeated India by five wickets in a last-over thriller at the Dubai International Stadium, Careem Pakistan trolled t...
06 Sep, 2022, 05.14 PM IST
Uber's Mideast business Careem looking to fill over 200 jobs, LinkedIn post saysCareem said it was looking to fill jobs that spanned across the ride-hailing firm, "from engineers to data analysts, operations managers to...
07 Feb, 2022, 02.40 PM IST
Uber in talks with Mideast unit Careem over outside investmentCareem's ownership structure following the planned investment was not immediately clear, though sources said Uber would remain a shareholde...
07 Dec, 2021, 09.34 AM IST
Uber, posting first-ever decline in rides, says worst is overDuring the past week, Uber has embarked on a blitz of cost-trimming moves. Uber said it will end food delivery operations in more than a ha...
08 May, 2020, 08.48 AM IST
Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salaryUber and rival Lyft have already withdrawn their full-year financial outlooks as demand for app-based rides dropped sharply across the worl...
06 May, 2020, 08.04 PM IST
Former Google exec to help build unicorns for Saudi VC FundInterest in the Middle East’s nascent technology industry has been picking up after Uber last year agreed to buy Careem and Amazon.com acqu...
10 Feb, 2020, 09.24 AM IST
New ventures help office-goers sail through commuting chaosStartups focus on carpools, buses and corporate services to make ride to work peaceful.
19 Jan, 2020, 11.10 AM IST
Uber is said to seal $3.1 billion deal to buy Careem in daysCareem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.
25 Mar, 2019, 09.20 AM IST
Here are the big winners hitching a ride on Lyft's IPO planLyft’s filing revealed some startling numbers for the startup. The company lost $991 million last year even as its revenues surged.
02 Mar, 2019, 11.20 AM IST
Uber is said to hold advanced talks to buy Mideast’s CareemCareem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.
01 Mar, 2019, 09.08 AM IST
Uber is said in talks to acquire Dubai ride hailing firm CareemA deal could value Careem at $2 billion to $2.5 billion, the people said, asking not to be identified because the talks are private.
18 Sep, 2018, 09.35 AM IST