Page 29 - Super App News Today

The $400m deal is also a vote of confidence in the UAE’s business environment

Invests $400 million to become a majority shareholder alongside Uber

Elon Musks X app would most likely be a “super app” platform that includes, among other things, social networking, messaging and a payment system, , twitter, elon musk, super app

UAE-based e& is acquiring a 50.03% stake in Uber’s Middle East subsidiary Careem Super App for US$400 million, in a deal that will significantly expand the operator’s e-commerce standing.

Middle East operator continues its transformation towards a digital service providerAgrees to become the majority stakeholder in Uber’s Middle Eastern subsidia…

Careem Technologies will focus on the growth of the company's "super app," which offers dozens of services beyond ride hailing in one app.

Emirates Telecommunications Group Company has agreed to take a 50.3% stake in a super app managed by Careem, Uber Technologies Middle East subsidiary, in a transaction valued at $400 million,... | April 10, 2023

The app offers over dozen services, including food and grocery delivery, a digital wallet and additional 3rd-party services such as home cleaning, car rental and lau...

Uber will retain 100 per cent ownership of the Careem ride-hailing business that it acquired in 2020

Careem Technologies will focus on the growth of the company’s “super app,” which offers dozens of services beyond ride hailing in one app.