{"id":624376,"date":"2018-09-06T03:50:34","date_gmt":"2018-09-06T03:50:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/"},"modified":"2018-09-06T03:50:34","modified_gmt":"2018-09-06T03:50:34","slug":"careem-reportedly-exits-swvl","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/","title":{"rendered":"Careem reportedly exits Swvl"},"content":{"rendered":"

Careem reportedly exits Swvl:<\/strong> Careem has reportedly exited its stake in mass transit app Swvl, Al Mal claims<\/a>, citing sources close to the transaction. The exit comes as Careem has begun rolling out its own bus hailing service last month<\/a>, according to the source, who gave no further detail. Careem had bought an undisclosed stake in Swvl back in July 2017<\/a> for USD 500,000.<\/p>\n","protected":false},"excerpt":{"rendered":"

Careem reportedly exits Swvl: Careem has reportedly exited its stake in mass transit app Swvl, Al Mal claims, citing sources close to the transaction. The exit comes as Careem has begun rolling out its own bus hailing service last month, according to the source, who gave no further detail. Careem had bought an undisclosed stake […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624376","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9e84250b-1666-4279-a09c-167ae211854e","order":"0","is_powered_by":true,"section_story_id":"7768b586-b40f-4f99-b296-84315aaee3dc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624362],"teaser":"","voice_url":""},"yoast_head":"\nCareem reportedly exits Swvl - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Careem reportedly exits Swvl\" \/>\n<meta property=\"og:description\" content=\"Careem reportedly exits Swvl: Careem has reportedly exited its stake in mass transit app Swvl, Al Mal claims, citing sources close to the transaction. The exit comes as Careem has begun rolling out its own bus hailing service last month, according to the source, who gave no further detail. Careem had bought an undisclosed stake […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-06T03:50:34+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Careem reportedly exits Swvl\",\"datePublished\":\"2018-09-06T03:50:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/\"},\"wordCount\":66,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/\",\"name\":\"Careem reportedly exits Swvl - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-09-06T03:50:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Careem reportedly exits Swvl\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Careem reportedly exits Swvl - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/","og_locale":"en_US","og_type":"article","og_title":"Careem reportedly exits Swvl","og_description":"Careem reportedly exits Swvl: Careem has reportedly exited its stake in mass transit app Swvl, Al Mal claims, citing sources close to the transaction. The exit comes as Careem has begun rolling out its own bus hailing service last month, according to the source, who gave no further detail. Careem had bought an undisclosed stake […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-09-06T03:50:34+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Careem reportedly exits Swvl","datePublished":"2018-09-06T03:50:34+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/"},"wordCount":66,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/","name":"Careem reportedly exits Swvl - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-09-06T03:50:34+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Careem reportedly exits Swvl"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":645336,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/careem-invests-usd-500k-in-swvl\/","url_meta":{"origin":624376,"position":0},"title":"Careem invests USD 500k in Swvl","author":"enterpriseam admin","date":"18 July 2017","format":false,"excerpt":"INVESTMENT WATCH- Ride-hailing app Careem has invested USD 500k in Swvl, a three-month-old Egyptian bus transportation service, Reuters reports. 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Reuters says Swvl was founded in April by a former\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635410,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/ride-hailing-apps-will-be-required-by-law-to-ensure-taxis-make-up-half-of-their-fleets-careem-eyes-expansion-in-egypt-swvl-looks-raise-funds-for-expansion-in-mena-and-beyond\/","url_meta":{"origin":624376,"position":1},"title":"Ride-hailing apps will be required by law to ensure taxis make up half of their fleets; Careem eyes expansion in Egypt, Swvl looks raise funds for expansion in MENA and beyond","author":"enterpriseam admin","date":"4 December 2017","format":false,"excerpt":"From the Department of Legislative Insanity: Pending legislation may require ride-hailing apps to ensure taxis make up half of their fleets. A number of details have emerged on the Ride-hailing Apps Act that some in the industry claim will significantly disrupt operations. Among the most \u201cdisruptive\u201d of these articles are\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604504,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/05\/uber-pilots-bus-service-in-cairo\/","url_meta":{"origin":624376,"position":2},"title":"Uber pilots bus service in Cairo","author":"enterpriseam admin","date":"5 December 2018","format":false,"excerpt":"Uber pilots bus service in Cairo: Uber CEO Dara Khosrowshahi was in Cairo yesterday to launch Uber Bus, the ride-hailing company\u2019s mass transit service. Cairo is the first city to pilot the service globally.How does it work? The service is essentially an upscaled, tech-enabled version of a microbus route (though\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/2826.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637192,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/09\/careem-introduces-bike-hailing\/","url_meta":{"origin":624376,"position":3},"title":"Careem introduces bike-hailing","author":"enterpriseam admin","date":"9 November 2017","format":false,"excerpt":"Careem launched bike-hailing services to some of its busier and braver customers looking to speed through traffic,according to a company statement. The expansion into bikes, which the company says will help fight congestion, will be available in Cairo, Alexandria and Tanta in its initial phase. 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