Didi Chuxing invests in Egypt & Morocco’s Uber competitor Careem to transform transportation on a global scale

Less than a week after China’s Didi Chuxing invested in Taxify, a taxi hailing firm operating in Europe and Africa, the firm has today announced that it has made a strategic investment... Read more »

Careem, Egypt’s Uber competitor raises $500 million led by Rakuten & Saudi Telecom

Careem, the ride-hailing service in the Middle East and North Africa has raised $500 million, of which $350 million is co-led by Rakuten and Saudi Telecom Company (“STC”), the largest telecom operator... Read more »