Uber’s Middle Eastern rival Careem raises $350M at a $1B valuation
December 19, 2016 at 02:20 AM EST
2016 is almost out but there’s just time to anoint one more ride-sharing unicorn. Careem, one of Uber’s lower profile rivals in emerging markets, has taken a step into the global limelight today after it announced that it has raised $350 million led by Japanese e-commerce firm Rakuten and Saudi Telecom Company (STC). Read More