Careem’s

Saudi firm raises Careem’s investment to $500m

Saudi firm raises Careem’s investment to $500m

Reuters An investment of $150 million by a Saudi Arabia-based venture capital firm in Careem raised its investment capital to $500m, a statement from the Dubai-based ride-hailing company said. The $150m investment was undertaken by carmaker Daimler and Saudi Arabia’s Kingdom Holding, a firm owned by billionaire Prince Alwaleed bin Talal. Venture capital firm DCM […]