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.