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Uber buys Middle Eastern rival Careem for $3.1bn

BBC News Tuesday, 26 March 2019 ()
Uber buys Middle Eastern rival Careem for $3.1bnThe ride-sharing firm will expand into the Middle East with the $3.1bn acquisition of Careem.
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Credit: CBS 2 New York - Published < > Embed
News video: Uber Purchasing Middle Eastern Ride Hail Company Careem

Uber Purchasing Middle Eastern Ride Hail Company Careem 00:16

Sources say Uber is set to announce a $3 billion cash purchase of Careem Networks, based in Dubai. CBS2's Mary Calvi reports.

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