Uber rival Careem closes $500M raise at $1B+ valuation as Daimler steps in

08:00 15.06.2017
Amid ongoing struggles at Uber, one of its stronger regional rivals in transportation on demand has raised a significant round of funding, picking up a significant strategic investor in the process. Careem, a transportation startup currently in 80 cities across the Middle East, has raised another $150 million — closing out a $500 million Series D round that it confirmed in December when… Read More...
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