Emirati businesswoman Muna Al Gurg, director at Easa Saleh Al Gurg Group and chairwoman of the Young Arab Leaders, invested in Careem in 2016. Photo: Reem Mohammed / The National
Abdulrahman Tarabzouni, chief executive of STV, which in 2018 took part in a $200 million fund raising that valued Careem at $1.8bn, according to Crunchbase. Courtesy: STV
In 2016, Careem had been valued at $650m when it raised $350m from a group including Saudi Telecom Company. Courtesy: Saudi Telecom Co
Dany Farha , CEO & Managing Partner, of Beco Capital. The Dubai based VC fund was one of the early investors in Careem back in 2014. Photo: Pawan Singh / The National
Rakuten, the $9 billion Japanese e-commerce company, also became an investor in Careem in 2016. Photo: Kiyoshi Ota/Bloomberg
The Kingdom Tower, operated by Kingdom Holding Company, stands alongside palm trees in Riyadh, Saudi Arabia. Prince Alwaleed bin Talal's firm Kingdom first invested in Careem in 2017 and then again in October. Photo: Simon Dawson/Bloomberg
Abdullah Al Dawood, MD and CEO of Al Tayyar Travel Group, talks to the press at Arabian Travel Market (ATM) in Dubai. Saudi Arabia's Al Tayyar is Careem's largest corporate shareholder, having got involved back in 2014. On Tuesday, Al Tayyar said its exit value is 1.78bn Saudi riyals (Dh1.74bn). Photo: Reem Mohammed/ The National
A logo of Didi Chuxing is displayed on a building in Hangzhou in China's eastern Zhejiang province. The Chinese ride-hailing firm made an undisclosed investment in Careem in 2017. Photo: STR / AFP
The Mercedes star is illuminated on the headquarters of Daimler in Stuttgart. The German luxury carmaker Daimler took part in a $150m capital raise for Careem in 2017 when it was valued at $1.1bn - making Careem a so called 'unicorn', the name for tech start-ups that reach the $1bn mark. Photo: THOMAS KIENZLE / AFP
David Chao, co-founder and general partner at DCM Ventures, the Silicon Valley investor, which also came in on Careem in 2017. Photographer: David Paul Morris/Bloomberg
Philippe Laffont, the founder of New York VC fund Coatue Management, which also became an investor in Careem in 2017.
Fadi Ghandour, executive chairman of Wamda Group and founder of Aramex, had been a member of Careem's board. Wamda has been an investor in Careem since 2015. Photo: Pawan Singh / The National
Emirati businesswoman Muna Al Gurg, director at Easa Saleh Al Gurg Group and chairwoman of the Young Arab Leaders, invested in Careem in 2016. Photo: Reem Mohammed / The National
Abdulrahman Tarabzouni, chief executive of STV, which in 2018 took part in a $200 million fund raising that valued Careem at $1.8bn, according to Crunchbase. Courtesy: STV
In 2016, Careem had been valued at $650m when it raised $350m from a group including Saudi Telecom Company. Courtesy: Saudi Telecom Co
Dany Farha , CEO & Managing Partner, of Beco Capital. The Dubai based VC fund was one of the early investors in Careem back in 2014. Photo: Pawan Singh / The National
Rakuten, the $9 billion Japanese e-commerce company, also became an investor in Careem in 2016. Photo: Kiyoshi Ota/Bloomberg
The Kingdom Tower, operated by Kingdom Holding Company, stands alongside palm trees in Riyadh, Saudi Arabia. Prince Alwaleed bin Talal's firm Kingdom first invested in Careem in 2017 and then again in October. Photo: Simon Dawson/Bloomberg
Abdullah Al Dawood, MD and CEO of Al Tayyar Travel Group, talks to the press at Arabian Travel Market (ATM) in Dubai. Saudi Arabia's Al Tayyar is Careem's largest corporate shareholder, having got involved back in 2014. On Tuesday, Al Tayyar said its exit value is 1.78bn Saudi riyals (Dh1.74bn). Photo: Reem Mohammed/ The National
A logo of Didi Chuxing is displayed on a building in Hangzhou in China's eastern Zhejiang province. The Chinese ride-hailing firm made an undisclosed investment in Careem in 2017. Photo: STR / AFP
The Mercedes star is illuminated on the headquarters of Daimler in Stuttgart. The German luxury carmaker Daimler took part in a $150m capital raise for Careem in 2017 when it was valued at $1.1bn - making Careem a so called 'unicorn', the name for tech start-ups that reach the $1bn mark. Photo: THOMAS KIENZLE / AFP
David Chao, co-founder and general partner at DCM Ventures, the Silicon Valley investor, which also came in on Careem in 2017. Photographer: David Paul Morris/Bloomberg
Philippe Laffont, the founder of New York VC fund Coatue Management, which also became an investor in Careem in 2017.
Fadi Ghandour, executive chairman of Wamda Group and founder of Aramex, had been a member of Careem's board. Wamda has been an investor in Careem since 2015. Photo: Pawan Singh / The National
Emirati businesswoman Muna Al Gurg, director at Easa Saleh Al Gurg Group and chairwoman of the Young Arab Leaders, invested in Careem in 2016. Photo: Reem Mohammed / The National
