[jcfrei]

> Shareholders in Careem, whose backers include Saudi Prince Alwaleed bin Talal’s investment firm and Japanese e-commerce company Rakuten Inc., [...]

Isn't a public Saudi Arabian fund already heavily invested in the Softbank Vision fund, which in turn has invested a lot in Uber? [0] I don't know who the respective principals are of these funds but that seems noteworthy to me (especially at these valuations).

[0]: https://www.cbinsights.com/research/saudi-arabia-pif-tech-in...

[httpz]

Saudi fund is led by the crown prince MBS. Prince Alwaleed bin Talal is a cousin of the crown prince but definitely not a friend. He was even arrested a few years ago under the order of the crown prince.

[gms]

Al Waleed’s investment fund is private, not public.