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  • Dubai-based ride hailing firm Careem will step up expansion into new markets after raising$150 million from investors, including German carmaker Daimler and Saudi Arabia's Kingdom Holding. After the fundraising, Careem, an Uber rival operating in 12 mainly Middle East countries, wants to move into new markets in North Africa, such as Tunisia and Algeria, while strengthening its position in Kuwait.
    Daimler Invests In App Based Cab Service Careem's Latest Funding Round
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