2021-10-18
Bloomberg
Sources: Uber and its Dubai-based Careem subsidiary are facing a combined tax bill of around $100M in Saudi Arabia, driven by a dispute over calculating VAT
Bloomberg : Tweets: @viviannereim Tweets: Vivian Nereim / @viviannereim : Scoop: Saudi Arabia has hit several technology firms, including Uber and Careem, with tax bills worth tens of millions of dol...
2019-03-02
CNBC
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Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017
So Are Losses Walter Frick / HBR.org : The Strategy Question at the Center of Lyft's IPO Axios : Lyft files first for IPO in litmus test for the industry Harper Neidig / The Hill : Lyft files to go pu...
2018-10-18
Reuters
Middle East ride-hailing service Careem raises $200M from existing investors including Saudi Arabian billionaire Prince Alwaleed bin Talal's Kingdom Holding
Alexander Cornwell / Reuters :
2017-08-08
TechCrunch
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Didi Chuxing makes an undisclosed investment in Middle Eastern ride-hailing service Careem, which operates in 80 cities across 13 countries
A week after its first investment in Europe, Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing deal …
2017-06-15
TechCrunch
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Middle Eastern ride-hailing startup Careem, currently operating in 80 cities, closes $500M Series E, sources say led by Rakuten at a $1.2B valuation
Amid ongoing struggles at Uber, one of its stronger regional rivals in transportation on demand has raised a significant round of funding …
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