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    HomeNewsIndia

    Ride-hailing firm Careem enters India with Commut app purchase

    Careem did not disclose the size of the deal, which it said would accelerate Careem's expansion into mass transportation through the addition of bus services across the 100 cities it operates in.

    Reuters
    September 24, 2018 / 03:25 PM IST
    R106-Abdullah Elyas-Mudassir Sheikha-Magnus Olsson-Founders-Careem-22-9-2016 .jpg

    R106-Abdullah Elyas-Mudassir Sheikha-Magnus Olsson-Founders-Careem-22-9-2016 .jpg

    United Arab Emirates-based ride-hailing app Careem has acquired Commut, the Hyderabad-based mass transportation app, marking its entry into India, the firm said on Monday.

    Careem did not disclose the size of the deal, which it said would accelerate Careem's expansion into mass transportation through the addition of bus services across the 100 cities it operates in.

    Reuters
    Tags: #Business #Careem #India
    first published: Sep 24, 2018 03:20 pm

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