M&A Deal Summary |
|
|---|---|
| Date | 2016-03-31 |
| Target | Savaree Network |
| Sector | Internet Software and Services |
| Buyer(s) | Careem Networks FZ |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Internet Software and Services |
Careem Networks FZ LLC is an online private car booking service serving the greater Middle East region. A pioneer of the region’s ride-hailing economy, Careem is expanding services across its platform to include mass transportation, delivery and payments. Careem’s mission is to simplify and improve the lives of people and build a lasting organisation that inspires. Established in July 2012, Careem operates in 120 cities across 15 countries and has created more than one million economic opportunities in the region.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 5 |
| Sector (Internet Software and Services) | 3 of 5 |
| Type (Add-on Acquisition) | 3 of 5 |
| Country (Pakistan) | 1 of 2 |
| Year (2016) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-17 |
Taxiii
Rabat, Morocco Taxiii is a taxi and car booking app. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-25 |
Delivery Chacha
Karachi, Pakistan Delivery Chacha is an on-demand delivery service working in Karachi. Delivery Chacha is based in Karachi, Pakistan. |
Buy | - |
