Uber has agreed to purchase Careem, a Middle Eastern ride-hailing, delivery, and payments firm, for $3.1 billion, according to Bloomberg.
Business Insider Intelligence said the agreement marks Uber's..
It's paying $3.1 billion for Careem in a mixture of cash and convertible notes, the companies said in a statement Tuesday. Careem, based in Dubai, was founded in 2012 and has since become the regional..
Reuters reports that Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ.
The deal will strengthen Uber's operations in the Middle East.
Sources say this..