Technology

Careem acquires RoundMenu

Careem will begin testing a delivery capability for RoundMenu customers on a small scale later this month.

Careem annouced today Sunday the acquisition of RoundMenu, the Dubai-based restaurant listing platform, for undisclosed sum.

Careem

  • Founded in 2012 in Dubai.
  • Is Uber’s main competitor in the middle east.
  • Operates in 53 cities across the middle east, north Africa and south Asia.
  • Valued around $1 billion in 2017.
  • Acquired Morocco based taxi company, Taxii in May 2015
  • Acquired Saudi address coding service Enwani in June 2015.

Round Menu

  • Founded in 2012 in Dubai
  • Competes with Talabat, Zoomato, Hunger Station and UberEats.
  • Present in 18 cities across 9 countries, including Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Jordan Lebanon, Bahrain, Oman and Egypt, according to its website.
Screenshot from RoundMenu Website

 

العربية

Source
Reuters
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