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Careem Starts Operations in Iraq

by Forbes Middle East Forbes Middle East - Business News
Ride-hailing service provider Careem has announced that it has officially commenced operation in the capital city of Baghdad, marking its entry to Iraq.
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Operations officially commenced on January 15 only in Baghdad but there are plans to expand in more cities across Iraq in the near future. Careem already operates in 13 countries across the MENA region while it has established research and development departments and call centers in Pakistan, Egypt, Lebanon, U.A.E, K.S.A, Kuwait, Qatar, Jordan, and Germany. The Uber rival has expressed plans to expand to more cities particularly after closing out a $500 million Series E round in December 2016, confirming their unicorn status and their startups valuation of over $1 billion.
The introduction of the ride-hailing service provides a new mode of transportation for the residents of Baghdad as well as new employment opportunities for Iraqi citizens as the app works by connecting drivers to users.

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Created on Jan 18th 2018 01:12. Viewed 198 times.

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