{
  "site": "dubai",
  "slug": "magnus-olsson-careem",
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        "publication": "Dubai of Tomorrow",
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        "url": "https://dubaioftomorrow.com/founder/magnus-olsson-careem/",
        "cardNo": 33,
        "series": "2026",
        "title": "Magnus Olsson (Careem)",
        "date": "2026-07-10",
        "category": "Mobility",
        "card": {
          "founder": "Magnus Olsson",
          "company": "Careem",
          "founded": "2012 · Dubai",
          "raised": "$3.1B Uber acquisition, 2019",
          "backers": "Rakuten, STV, Kingdom Holding, Daimler",
          "strap": "A Swedish ex-McKinsey consultant, he co-founded Careem with Mudassir Sheikha, stayed through the Uber acquisition and the e& super app carve-out, and now leads the company's AI work.",
          "moves": [
            "2012 · Co-founded Careem in Dubai with fellow McKinsey alum Mudassir Sheikha",
            "2019 · Uber agreed to buy Careem for $3.1B, the region's biggest tech deal",
            "2023 · e& paid $400M for a 50.03% majority of the spun-out Careem Technologies",
            "2026 · Uber bought back a 12.5% stake in Careem Technologies from e& for $100M"
          ],
          "extra": {
            "label": "Current role",
            "value": "Chief AI Officer, Careem"
          },
          "verified": "2026-07-10"
        },
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        "recordedAt": "2026-07-10T15:20:32.378Z"
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