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Uber’s Middle Eastern rival Careem raises $350M at a $1B valuation

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careem-2 2016 is almost out but there’s just time to anoint one more ride-sharing unicorn. Careem, one of Uber’s lower profile rivals in emerging markets, has taken a step into the global limelight today after it announced that it has raised $350 million led by Japanese e-commerce firm Rakuten and Saudi Telecom Company (STC). Read More


from TechCrunch http://ift.tt/2hz4E8x
Uber’s Middle Eastern rival Careem raises $350M at a $1B valuation Uber’s Middle Eastern rival Careem raises $350M at a $1B valuation Reviewed by iot portal on 11:33 PM Rating: 5

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