Tag Archives: UAE’s e& to invest $400m for majority stake in Careem’s Super App

Emirates Telecommunications Group Company (etisalat by e&) announced on Monday its decision to buy a $400 million stake in the Super App developed by Uber Technologies and its subsidiary Careem. With this move, e& will become a majority shareholder in Careem’s Super App alongside Uber and all three of Careem’s co-founders, a statement issued by the ride-hailing company said. Super …

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