What is Careem?

Careem is the region’s favorite car-booking app. We’re all about simplifying people’s lives and moving our region towards better living.

It all started in 2012 when two consultants, Magnus Olsson and Mudassir Sheikha, decided to leave their jobs to build something that matters. By 2014, Abdulla Elyas, a German Saudi serial entrepreneur, joined the founding team and helped further the Careem boom in the region.

Careem is their brainchild. A brand that aim’s to simplify people’s lives by revolutionizing the transportation industry. A brand that strives to inspire everyone it interacts with and supports every single person who dares to believe. A brand that exists to drive our region towards something better. (source)

Careem Statistics and Facts

Here are a few of the most interesting Careem statistics I was able to dig up. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

Please note that some of these numbers are easier to find than others. A few of these Careem stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%

Year Careem Launched:

2012

Number of cities Careem is active in:

80 cities

Last updated 6/14/17

reported amount Careem is valued at:

$1 billion

Last updated 6/14/17

Number of Careem drivers:

250,000 drivers

Last updated 6/14/17

Number of registered Careem users:

10 million

Last updated 6/14/17

Number of countries Careem is active in:

12 countries

Last updated 6/15/17