on Jul 10, 2026
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Careem Mafia Pakistan produced a new generation of startup founders after Uber acquired Careem for $3.1B, shaping Pakistan’s B2B, fintech, logistics, and commerce ecosystem.

Uber’s acquisition of Careem for $3.1 billion in March 2019 was the largest technology exit the Middle East and North Africa had ever produced. The deal generated liquidity for hundreds of employees who had spent years building Careem from a scrappy ride-hailing operation in the Gulf into a regional super app serving 15 countries from Morocco to Pakistan. What followed has been compared, not without justification,.

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