Uber Confirms Buying Careem for $3.1 Billion

Uber confirms acquiring Dubai-based ride-hailing service Careem in a deal worth $3.1 billion, which consists of $1.4 billion in cash and $ 1.7 billion in convertible notes. Reports showed that Uber was in advanced talks to buy Careem last month and a deal was soon to be announced. Today, Uber declared buying Careem for $3.1 […]
Points to Consider Before you Make Uber Like App
In the 21st Century, Uber emerged as the most successful business startup in the ride-hailing industry. After Uber appearance in the ride-hailing market, it became popular and thus the competitors also stepped in. Uber completely transformed the idea of taxi transportation. After the digital transformation, and observing the success of Uber, every taxi business owner […]