Category: News Type

Travel giant Booking invests $500M in Chinese ride-hailing firm Didi Chuxing

Didi Chuxing, China’s largest ride-hailing company, has pulled in some strategic capital after Booking Holdings invested $500 million into its business. The deal will see Booking Holdings — which was formerly known as Priceline — work closely with Didi to offer its on-demand car services through its Booking.com apps via an integration. Likewise, Didi customers… Continue reading Travel giant Booking invests $500M in Chinese ride-hailing firm Didi Chuxing

Careem Engineer & Data Scientist Stories

Peter Minev, Managing Director Berlin

Careem is a unique place where people are bound by a strong sense of an inspiring mission, and a compelling vision. It’s a fast growing environment where super talented engineers get an opportunity to challenge themselves and learn more.
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Olga Syrova, Member of Technical Staff, Berlin

I am a back end engineer, and I chose to be with Careem because I support their mission. Careem is a place where engineers are inspired. We spend our time reflecting on technologies and existing solutions, exchanging points of view, and elaborating the pros and cons in order to get the best of the architecture and processes we use. That’s a typical day at Careem. Your experience and your vision are highly valued here. With people coming from more than 50 different countries, Careem managed to create a very powerful platform where we can create effective and scalable solutions, and change people’s lives for the better.
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Navneet Gupta, Engineering Manager, Dub..

Careem and Abaad partner to support El Dar Programme

As an organisation whose mission is to simplify and improve the lives of people, Careem decided 2018 was going to be the year we paid extra close attention to what we were doing for women in our region.

This is why on international women’s day this year, we pledged to bring onboard 20,000 female Captains by 2020. We also launched our internal women@Careem network – a internal program created for and by our female colleagues to network and engage with each other, but most importantly, to raise awareness of and promote an inclusive culture for men and women to learn from each other.

Staying true to this, last Christmas, we ran a “HOHOHO” promocode campaign which enabled users to collect five percent of their rides using the HOHOHO promocode. After one month, the top users with the most donations, were allowed to pick the NGO all proceeds would be donated to. The winning NGO was ABAAD – a non-profit organisation founded in June 2011 which fought for violence against women.

The campaign..

Ride-hailing giant Didi to spin off car services unit in up to $1.5b deal

July 17, 2018 Chinese ride-hailing giant Didi Chuxing Technology Co Ltd is looking to spin off its car services unit in a deal worth up to $1.5 billion ahead of its expected initial public offering, people with direct knowledge of the matter told Reuters. Didi is hoping to raise between $1 billion and $1.5 billion… Continue reading Ride-hailing giant Didi to spin off car services unit in up to $1.5b deal

UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement

WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th… Continue reading UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement

Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement

WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a $299.1 million so-called economic loss settlement covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th Geneva… Continue reading Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement

China is Europe in battery production consider

D The first battery cell production for electric cars on German soil is being built in Erfurt, Thuringia. But her owner is not a German automaker. The operator comes from far away China. Contemporary Amperex Technology Co. Limited (CATL) is the name of the company, which is currently emerging as the world leader in the… Continue reading China is Europe in battery production
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