Skip to content Skip to Search
Skip navigation

Clarification: Careem ‘not exploring’ partnerships with China’s Trip.com

Careem driver Pexels/Aboodi Vesakaran
Careem started out as a ride-hailing app
  • This article was first published on Monday October 16, 2023 and updated on Wednesday October 18

Careem has clarified that it is not in official discussions with China’s largest online travel company Trip.com Group to offer its services on its app.

Established in Dubai in 2012 offering a ride-hailing service, Careem has grown to what it calls a “Super App”, offering a range of services from local and global companies including laundry services, home cleaning and car rentals.

“So we were discussing before the panel for Trip.com services to be on the Careem Super App so we can become a gateway to the Middle East for companies in Asia,” Mudassir Sheikha, Careem’s co-founder and CEO, said at the Gitex technology conference in Dubai.

“These are all things that are on the table at the moment.”

Careem on Tuesday issued a statement to AGBI, saying: “At the 2023 SuperBridge conference in Dubai, Careem’s CEO discussed the topic of digital partnerships between the Middle East and Asia and referenced an example with Trip.com. 

“Careem is not exploring integration with Trip.com. Careem’s strategy focuses on expanding the super app across the Middle East to make it simpler for more people to move around, order food and groceries, manage payments, and more.”

Careem, which operates across 80 cities in 10 countries, was acquired by US rival Uber in 2020 for $3.1 billion.

In April, e& – the UAE telecommunications company previously known as Etisalat – announced it had acquired a majority stake in Super App from Uber, in a deal worth $400 million. Uber retained ownership of the Careem ride-hailing business.

Latest articles

Despite optimism from hedge funds and traders, oil prices remain relatively stable

Analysts optimistic on oil but the price stays steady

Global hedge funds and money managers have become increasingly optimistic about the short term outlook for oil prices in recent months, despite the oil price remaining flat at around $80 a barrel. The net length held by hedge funds and other money managers in WTI (West Texas Intermediate) futures and options has risen to its […]

Nadhim Zahawi, formerly chancellor of the UK, is thought to be leading a consortium of investors for a £600m bid

UAE’s RedBird IMI hopes for speedy sale of The Telegraph

Nadhim Zahawi, the former chancellor of the UK, is fronting one of seven bids to buy the Daily Telegraph newspaper and The Spectator magazine, which is owned by RedBird IMI, a US investment group backed by Abu Dhabi’s International Media Investments. The deadline for the first round of bidding was completed on Friday, although more offers […]

Egypt external debt

Egypt external debt makes record drop

Egypt’s external debt decreased by over $14 billion between December 2023 and May 2024, the steepest drop on record according to its Central Bank (CBE). External debt fell from a record high of $168 billion at the end of December to $154 billion at the end of May, a decrease of 8.4 percent. The drop […]

UAE trade minister Thani bin Ahmed Al Zeyoudi at the WTO ministerial meeting in Abu Dhabi in February. He said 'We are getting the support from many of the EU members'

UAE to revive EU trade talks before year-end

The UAE plans to restart trade talks with the European Union by the end of the year despite a broader agreement with GCC remaining on hold, according to a news report. The UAE has initiated the discussion both through the GCC and bilaterally, Reuters reported, quoting trade minister Dr Thani bin Ahmed Al Zeyoudi. “We are […]