Search Results for: careem

CEO Careem sets up scholarship endowment fund at IBA Karachi

ICICT 2019 to be held at the IBA Karachi

Mr. Mudassir Sheikha, Co-founder and CEO of Careem, the MENAP region’s everyday Super App, has partnered with the Institute of Business Administration (IBA) Karachi to offer scholarships to 10 deserving students each year through the Sekha Endowment Fund.  The Fund will ensure that successful graduates in the fields of artificial intelligence, big data, …

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Uber Completes Acquisition of Careem for $3.1 billion

Uber Completes Acquisition of Careem

Uber (NYSE: UBER) today confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem co-founder and CEO Mudassir Sheikha will continue to lead the Careem business, which will report to a board …

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As an expansion drive Uber acquires Careem to go bigger & better

Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of Careem is subject to applicable regulatory approvals. The transaction is expected to close in Q1 2020. Uber will acquire all …

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Careem Partners With City Traffic Police For a Road Safety Initiative

To highlight the importance of road safety, Careem in collaboration with the Traffic Police initiated a campaign of distributing free helmets to motorcyclists in Karachi, Lahore and Islamabad. According to Motorway Police, around 15000 people die annually in Pakistan and 50 percent of the accidents are of bike riders, which …

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Sip, Peel & Ride with Careem

Pepsi just launched millions of Careem promo codes on its bottles and you better not miss this. So Get, set, go & Sip your Pepsi and peel that label for a chance to win millions of free Careem promo codes. The much interesting TVC of the Careem Promo Codes campaign has been …

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Careem partners with TCF to take more children ‘off the streets and into schools’

According to the National Education Management Information System (NEMIS), more than 22 million children in Pakistan have never seen the inside of a classroom. This leaves them destined to a cycle of illiteracy, poverty and street life. Careem has decided to become a part of the solution with The Citizen’s …

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JS Bank and Careem create 1,000 Entrepreneurs

JS Bank and Careem have notched up a remarkable achievement by creating over one thousand entrepreneurs in the short span of 6 months. Under the scheme of Prime Minister Youth Business Loan (PMYBL), Careem & JS Bank have successfully managed to turn 1,000 Careem Captains into entrepreneurs through PMYBL loans …

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Telenor customers to enjoy big discounts on Careem rides

Commuting for Telenor customers across Pakistan is going to get a lot more convenient and pocket-friendly! To facilitate its customers further, country’s top digital services provider, Telenor Pakistan, has teamed up with leading ride-hailing service, Careem, to offer free and discounted rides. The promotion entails a FREE first ride for …

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Telenor Microfinance Bank Partners with Careem

Telenor Microfinance Bank, has entered into a partnership with Careem Pakistan under which disbursal of payments to their Captains will be carried out through the Bank’s branchless banking platform – Easypaisa. Careem is set to utilize Easypaisa’s extensive network of over 75,000 agents nationwide to ensure smooth and transparent disbursement …

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Careem TCF campaign raises PKR 1.9 million for the cause of education

Marking the successful conclusion of Careem’s TCF car type campaign, The Citizens Foundation (TCF) received a cheque of PKR 1.9 million from Careem in a small ceremony at TCF headquarters here in Karachi. The cheque was presented by Careem’s MD, Mr. Junaid Iqbal and received by TCF’s CEO Syed Asaad …

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