Careem is a Middle East–based technology company best known for its ride-hailing platform and rapidly expanding “super app” ecosystem. Founded in 2012 by Mudassir Sheikha, Magnus Olsson, and Abdulla Elyas, the company started as a transportation service focused on improving mobility across the Middle East and North Africa. Headquartered in Dubai, UAE, Careem has grown to serve millions of users across dozens of cities in the Middle East, North Africa, and South Asia. Its platform now integrates a wide range of services including ride-hailing, food delivery, grocery delivery, digital payments, and other everyday services through a single mobile application.
In 2019, Uber acquired Careem for approximately $3.1 billion, making it one of the largest technology acquisitions in the region, while allowing the brand to operate largely independently. The company employs thousands of people and works with a large network of drivers, couriers, and partner businesses. In recent years, Careem has focused on expanding its super app strategy and fintech offerings; in 2023, telecom group e& invested $400 million in Careem Technologies to accelerate growth in areas such as payments, delivery, and everyday digital services. Careem is widely regarded as one of the Middle East’s most successful tech startups and a key pioneer of the region’s digital platform economy.
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