In a move that goes against its recent trend of pulling out of foreign markets, ride-sharing giant Uber is preparing to purchase Dubai-based competitor Careem in a $3.1 billion deal, according to reports in Bloomberg and the Financial Times this weekend.
Uber May Sign $3.1 Billion Deal to Buy Middle Eastern Rival Careem as Soon as Monday
Gizmodo - 25 Mar 2019 02:15
In a move that goes against its recent trend of pulling out of foreign markets, ride-sharing giant Uber is preparing to purchase Dubai-based competitor Careem in a $3.1 billion deal, according to reports in Bloomberg and the Financial Times this weekend.
Share this Article
Recommended