.

Uber to acquire Mideast rival Careem for $3.1 billion

"Careem and Uber are joining forces. We have reached an agreement in which Uber will acquire Careem for $3.1 billion," a joint statement said. Saudi Technology Ventures (STV) said that Uber's deal with Careem will help the Middle East ride hailing firm expand its customer base even further and continue to develop the regional economy.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Wq6ppP

Resent New

Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

Most popular News