It was not immediately clear how much Careem would raise from e&, or whether other investors would also come on board
High fuel prices, fierce competition changing industry dynamics
Lack of quality mass transportation favours ride-hailing service to widen network
State Bank of Pakistan granted Careem with an In-Principal-Approval with an EMI as the company plans to invest $50m.
In a LinkedIn post, Careem announced that it was looking for people to fill more than 200 roles in their company.
Careem has released a new feature which enables users to book a ride to any Covid-19 vaccination center in Pakistan
Careem is collaborating with UNDP to raise awareness on safety issues through a series of animated videos
Careem wants to pass down these commissions in form of discounts to customers while encouraging increased orders
Transport facilities now functioning at just 50% of their capacity
Customers can track orders in real-time on the interactive map in the Careem app