Careem
Growth Score40DXBi Rank85Heat Score100Careem Networks FZ LLC / Careem Technologies
The everyday Super App for the Middle East, moving, feeding and paying people across the region.
Media
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Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Acquired
- Company Type
- Private (Joint Venture — majority-owned by e&, with Uber and founders as co-owners of the Super App business; ride-hailing arm wholly owned by Uber)
- Headquarters
- Dubai, United Arab Emirates
- Founded
- 2012
- Company Size
- 1000+ employees
- Revenue
- Super App revenue ~AED 884M ($241M) in H1 2026, up 20% YoY (operating losses widened ~33% to AED 447M in same period)
- Website
- careem.com
Products & Services
Careem (Go)
Core ride-hailing app in most markets (ride-hailing business is wholly Uber-owned post-restructuring)
Careem NOW / Eat
Food delivery marketplace within the Careem Super App
Careem Quik / Get
Grocery and quick-commerce delivery
Careem Pay
Digital wallet and in-app payments product
Careem Plus
Paid subscription/loyalty program bundling perks across services
Careem DineOut
Restaurant discovery and table reservation service
Careem Bike
Bike-sharing service (rebranded from acquired Cyacle)
Careem Bus
Intercity/bus ticketing and booking service
People
Technology
Tech stack
Financials
Funding rounds
Projects
Uber Buys Additional 12.5% Stake in Careem Technologies from e&
e& signed a binding agreement with Uber Technologies on 1 June 2026 to sell 12.5 percentage points of its 50.03% stake in Careem Technologies (the Super App business) to Uber for $100 million in cash, restoring Uber to majority ownership at roughly 62.47% (implied by other reporting) and leaving e& with about 37.5%. The deal implied a valuation of roughly $800M, essentially flat versus e&'s original April/December 2023 entry.
$100M
Jun 1, 2026
Careem Technologies Discloses First-Ever Public H1 2026 Financial Results
Following the ownership change, Careem Technologies' financials were disclosed for the first time (via e&'s reporting, which reclassified Careem as a discontinued operation): H1 2026 revenue of AED 884M (~$241M), up 20% year-on-year, alongside an operating loss of AED 447M (~$122M), up roughly 28% YoY, implying an average monthly cash burn of about $20M.
$241M
Aug 1, 2026
Careem Acquires enwani
Careem acquired Saudi delivery-address startup enwani in January 2015; enwani's founder Abdulla Elyas subsequently joined Careem as a co-founder.
Jan 1, 2015
Careem Acquires RoundMenu
Careem acquired restaurant-discovery platform RoundMenu in February 2018, feeding into what became the Careem NOW/DineOut food and restaurant offerings.
Feb 1, 2018
Careem Acquires Cyacle (becomes Careem Bike)
Careem acquired bike-sharing operator Cyacle in May 2019, rebranding it as Careem Bike.
May 1, 2019
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Official Channels
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Press & Announcements
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