Daily Business Wrap - Uber buys rival Careem

Name: Daily Business Wrap - Uber buys rival Careem
Uploaded: 2019-03-26T17:35:45+04:00
Description: The acquisition makes Careem a wholly owned subsidiary of Uber.

The acquisition makes Careem a wholly owned subsidiary of Uber.

Last updated: March 26, 2019 | 17:35

Logan Fish and Siddesh Mayenkar, Business Reporter

1 MIN READ

Careem, founded in 2012, has a larger presence than Uber in the Middle East, North Africa, Pakistan, and Turkey, operating in 98 cities there compared with Uber's roughly 23 locations.

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox

Network Links

GN Store

About Gulf News Terms & Conditions Reach by GN Sitemap Contact us Privacy Policy GN Focus Have your say Work with us Advertise with us Gulf News epaper Printing Services

Download our app