Uber buys rival Careem for $3.1bn

Uber has confirmed that it will acquire its Middle East rival Careem for $3.1bn, made up of $1.7bn in convertible notes and $1.4bn in cash, as reported it would yesterday.


Uber closing in on acquisition of rival Careem for over $3bn

Uber is poised to announce a deal to buy Careem, its main Middle Eastern rival, for $3.1bn in both cash and shares. $1.4bn will be paid in cash and $1.7bn


Careem launches food delivery service with eye on expansion into other goods

Careem, a Dubai-based ride-hailing app serving the Middle East, North Africa (MENA), and South Asia, has entered into the online delivery space as it drives forward in its battle with

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