careem
Uber acquires rival Careem for USD 3.1 billion
Uber will acquire all of Careen’s mobility, delivery and payments businesses across the greater Middle East region.
Uber could announce USD 3 billion deal with Careem early this week
Uber has been preparing for an initial public offering, and its bankers have indicated that it could be valued at USD 120 billion.
Uber could announce USD 3 bn deal with Careem early this week: sources
Uber will pay USD 1.4 billion in cash and USD 1.7 billion in convertible notes.
Uber-rival Careem starts services in Sudan
Careem, which said its services were now available in Sudan’s capital Khartoum, has hired 10 Sudanese employees.
Egypt govt wants to track Uber, Careem passengers?
Egyptian government has reportedly asked Uber to grant them access to Heaven — a tool that live-tracks user’s travel data.
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