UAE s E& Takes $400 Million Majority Stake in Ride-Hailer Careem s Super App usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Emirates Telecommunications
Group Company has agreed to take a 50.3% stake in a
super app managed by Careem, Uber Technologies Middle
East subsidiary, in a transaction valued at $400 million,. | April 10, 2023
The app offers over dozen services, including food and grocery delivery, a digital wallet and additional 3rd-party services such as home cleaning, car rental and lau.