Uber is reportedly gearing up to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem as early as this week.

Uber is reportedly gearing up to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem as early as this week.
Uber Technologies is in advanced discussions to buy its Dubai-based rival Careem Networks, according to a Bloomberg report.
Uber Technologies has filed paperwork for an initial public offering, according to three people with knowledge of the matter, reported …
Dubai-based Careem and global ride-sharing firm Uber have introduced a new bus-booking service in Egypt.
Uber has announced the re-launch of its services in the UAE capital, in collaboration with the Department of Transport in …
Ride-share company Uber on said that its net loss topped a billion dollars in the recently ended quarter as it …
Middle East ride-hailing company Careem had reportedly secured $200 million in fresh funding from existing investors, Reuters reported.
The collaborative offer will see visitors to Dubai from Australia, Egypt, France, Saudi Arabia, and South Africa avail special offers from Uber on bookings made between 26 September to 10 December 2018.
Uber Technologies is in early talks to buy food-delivery company Deliveroo for several billion dollars, Bloomberg reported.
Uber Technologies is in discussions to buy its Dubai-based rival Careem Networks for about $2 billion to $2.5 billion as the ride-hailing giant expands in the Middle East, Bloomberg reported.
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