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Careem Announces Strategic Partnership with Didi Chuxing to Accelerate Innovation Across the Middle East and North Africa

Careem, the leading ride-hailing and internet platform in the Middle East and North Africa, today revealed a calculated partnership with Didi Chuxing, the world's largest mobile transportation platform. As part of the partnership, Didi made a financial investment in Careem to strengthen its leading market position and further boost its reputable transportation offerings across the region. Together, the two events will certainly share knowledge in smart transport technology, product development, and operations.

" Didi Chuxing brings leading edge AI capabilities, understanding and expertise to our organization as we enter our following phase of development" said Mudassir Sheikha, Chief Executive Officer and founder, Careem. "This development in our lengthy relationship will certainly make it possible for Careem to more effectively go after growth opportunities through continued innovation and sustainability. DiDi's financial investment is yet another endorsement of the substantial regional possibility to leap-frog conventional infrastructure and boost the lives of people in our communities.

Powered by big data-driven AI technologies, DiDi supplies Taxi, Personal Car, and other mobility choices to over 400 million customers in 400 cities with a day-to-day trip volume exceeding 20 million. DiDi looks to build an open and sustainable global mobility ecological community to breakthrough transport developments. The company's global framework of collaboration now reaches over 60% of the world's populace throughout 1,000 cities in The United States and Canada, Southeast Asia, South Asia and South The U.S.A.. DiDi's partnership with Careem marks the company's first partnership in the Middle East and North Africa and additional aids DiDi's mission to transform transport at a global scale.

" Growing urban populaces and financial and social variety in the MENA region present massive possibilities for the ride-hailing economic situation. "Said Cheng Wei, founder and CEO of Didi Chuxing. "Careem is the region's modern technology and market leader. With modern technology exchange and co-development, we look to support continued development and transformation of the region's transportation industry, use the considerable potential of the local internet economic situation and foster even more innovative services for a broader network of communities around the globe."

Founded in Dubai in July 2012, Careem offers dependable, risk-free and economical transport to its more than 12 million customers. Careem sustains a large range of languages, consisting of English, Arabic, French, Urdu and Turkish, and uses a range of mobility services. There are currently over 250,000 chauffeurs on its platform in greater than 80 cities throughout 13 nations in the Middle East and North Africa, including Pakistan, Turkey, Egypt, Morocco, Saudi Arabia, UAE, Qatar, Kuwait, Bahrain, Oman, Jordan, Lebanon, and Palestine.

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