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Uber buys Middle East rival Careem for $3.1bln

Tuesday, March 26, 2019 - 01:10

Uber is buying Middle East rival Careem for $3.1bln, giving the ride hailing app a much needed win after it was forced to divest several units due to heavy losses. Julian Satterthwaite reports.

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Uber is buying Middle East rival Careem for $3.1bln, giving the ride hailing app a much needed win after it was forced to divest several units due to heavy losses. Julian Satterthwaite reports.

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Uber buys Middle East rival Careem for $3.1bln

Tuesday, March 26, 2019 - 01:10