CORRECTED: Ride-hailing firm Careem purchases Commut app
CORRECTED: Ride-hailing firm Careem purchases Commut app
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.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.