Uber Acquired It’s Middle Eastern Rival Careem for $3.1 Billion
Ride-hailing giant Uber has completed the acquisition of Dubai-based popular Mideast app Careem after long-running negotiations. Uber and Careem have reached a final deal which is for Uber to acquire Careem for $3.1 billion, the $1.7 billion of the total amount will be in convertible notes and remaining $1.4 billion will be in cash. The […]