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Uber Buys Middle Eastern Rival Careem for $3.1bn
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Uber Buys Middle Eastern Rival Careem for $3.1bn

Byron Adonis Mutingwende6 years ago6 years ago03 mins

Ride-sharing firm Uber has announced it is buying Dubai-based rival Careem for $3.1bn (£2.3bn). Careem was established in 2012, and operates in 15 countries across the Middle East, Africa and Asia. The firm will continue to operate under its own brand as a subsidiary of Uber. “This is an important moment for Uber as we…

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