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March 26, 2019 08:06 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rBU1EJTuAHg/
Uber is paying $3.1BN to pick up Middle East rival Careem
After months and months of rumors it’s finally been confirmed that ride-hailing giant Uber is picking up its Middle East rival Careem in an acquisition deal worth $3.1 billion — with $1.7BN to be paid in convertible notes and $1.4BN in cash. Careem was founded as a ride-hailing rival to Uber in 2012 but has […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/rBU1EJTuAHg/
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