Innovation

Careem acquires Pakistani ride sharing service

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Two minds will be better than one when it comes to battling Uber.  Car-hailing app Careem has acquired Lahore-based car share and cab booking service Savaree. The cost of the acquisition is undisclosed. In November 2015 the Dubai-based business raised a $60 million Series C round, which they said  they planned to invest in its core MENA markets as well as Pakistan. Founded by Madeeha Hassan in 2014, Savaree has grown quickly to became a popular car …

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Careem acquires Pakistani ride sharing service

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