Careem Reportedly Holds IPO Talks With Banks |
Posted: January 22, 2018 |
Dubai-based ride-hailing app Careem is reportedly in preliminary talks with banks about an initial public offering, Bloomberg reported, citing anonymous sources close to the subject.
The sources said that Careem could be valued at approximately $1.5 billion, and a share sale will probably start by the beginning of 2019.
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