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Ride-hailing firm Careem purchases Commut app

Published 09/24/2018, 12:39 PM
© Reuters. FILE PHOTO: Employee shows the logo of Careem on his mobile in his office in the West Bank city of Ramallah

DUBAI (Reuters) - United Arab Emirates-based ride-hailing app Careem said on Monday it has acquired Commut, the Hyderabad-based mass transportation app.

Careem did not disclose the size of the deal, which it said would accelerate its expansion into mass transportation through the addition of bus services across the 100 cities.

© Reuters. FILE PHOTO: Employee shows the logo of Careem on his mobile in his office in the West Bank city of Ramallah

(This story corrects to remove reference to India expansion in headline and lead)

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