In the face of far more competent ride-hailing rivals and with a limited fleet of luxury cars, the startup is unlikely to make a dent in the UAE market.
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SEBI’s interim order details how the green energy poster boy built a paper empire with investor money while living a billionaire lifestyle.
A mix of government facilitation, favourable location and rising student demand is seeing global institutions making a beeline for the region.
The decade-old company is reportedly planning to venture into food delivery and fintech. Its no-commission model might just come in handy for its expansion plans.