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Stock impact report

These ride-hailing startups want to run your life [CNNMoney.com]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: CNNMoney.com
These ride-hailing startups want to run your lifeRide-hailing startups in emerging markets are driving into new territory.Aiming for a 'superapp'Movie tickets and makeupThe WeChat modelCompanies like Grab and GoJek in Southeast Asia and Careem in the Middle East are making aggressive moves into areas well beyond transportation, hoping to make both consumers and businesses dependent on their apps.Careem wants to "provide you with a platform that will satisfy your everyday needs," CEO Mudassir Sheikha said in an interview with CNNMoney.His company just launched food delivery services in Dubai, Saudi Arabia and Qatar, and will expand its payment services in the coming months. Sheikha said Careem has about 25 million registered users, claiming it is the largest internet services platform in the Middle East by engagement.Related: Uber's Mideast rival is hiring women drivers in Saudi ArabiaThe majority of people in the 14 countries in which Careem operates don't have credit cards, and only Show less Read more
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