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Deals & Transactions

Conyers advises Careem Inc. on securing investment and collaboration with China’s DiDi Chuxing

August 2017

Conyers Dill & Pearman acted as British Virgin Islands legal counsel to BVI-incorporated Dubai-based ride-sharing platform Careem Inc. on an investment in Careem by DiDi Chuxing of China. The deal includes a strategic collaboration with DiDi Chuxing, and is the latest in a series of recent high-profile fundraisers by Careem Inc. which achieved a US$1 billion valuation earlier this year. Fawaz Elmalki and Oliver J. Simpson of Conyers’ Dubai office represented Careem Inc.



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