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Careem was co-founded by Mudassir Sheikha, a native of Karachi, Pakistan and Magnus Olsson, who had both worked as management consultants at McKinsey & Company. It started operating in July 2012 as a website-based service for corporate car bookings, and evolved to become a transportation network company with car hire for everyday use.

In 2015, the company acquired a Saudi-based home delivery service company and the founder, Dr. Abdulla Elyas, joined Careem. In 2017, the company announced a program to extend maternity leave and hire more women.

In June 2017 Careem launched operations in Palestine as part of a commitment to create one million jobs in the Middle East and North Africa region by the end of 2018. In January 2018 they became the first ride-hailing service to launch in Baghdad. The company also has locations in Najaf and Erbil, Iraqi Kurdistan.

It was announced in February, 2018 that Careem has acquired Round Menu, a restaurant listing and food ordering platform that operates across the Arab world. In August 2018 Careem said they would be launching bus services, starting with cities in Egypt.

Chevron Pakistan partners with Online Cab Service to facilitate Captains

Karachi: Two high-performing global brands have announced a collaboration that will benefit ride-hailing services and their customers during these challenging times caused by the Covid-19 pandemic. Chevron Pakistan Lubricants (Private) Limited will partner with Online Cab Service, the internet platform of the greater Middle East and Pakistan, to offer attractive oil change packages for online cab service Captains at participating Caltex Oil Change facilities across Karachi, Lahore and Islamabad. This relationship will…