Considering the strong competition from global leader Uber, do you think Careem will be able to maintain its hold in the region.

Follows are the solution to this question:

Explanation:

Careem also affected the paradigm of the traditional taxi manager, as its business leader of the locale. Careem was formed alongside the previous two Morgan Stanley experts, Mudassir Considered to lack or Magnus Palacios. The next day the producers won't attempt and impersonate Uber's instance of resolving adversity, although they had to offer solid transit options centered on the need they're felt while moving and through the Middle East.

Its location favored is among the key factors that separate Careem from rivals. For instance, SCC, Al Tayyar, a Qatar Investment Council, or abroad capitals from Dubai sponsored Majority stake from of the Districts and endorsed nearby groups from Saudi. All such supporters are vital speculators, helping to have an incentive through associations with local expertise.

Since capital from the different economic analysts, Careem was able to extend its entering into new cities, hiring more head but meeting the needs of passengers by providing various forms of help, for instance, automobiles for visual impression, air taxi in Morocco, female skippers or children through Careem, who've been giving child's seats to safety reasons.

was my answer wrong?

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you will have $4660.96 in 20 years if you set aside $1000 at 8%