WebApr 10, 2024 · UAE-headquartered communication firm e& (formerly Etisalat) has acquired a 50.3 per cent stake in Careem’s Super App spinout for $400 million. Careem’s ride-hailing business will remain fully owned by the US mobility firm Uber and continue to be available with all other Careem services on the existing app for customers.
Uber Technologies, Inc. - Uber Completes Acquisition of …
WebJan 3, 2024 · Uber's $3.1 billion acquisition of Careem, a major rival in the Middle East, closed on Friday after being announced in March. For Uber, it's a way to buy dominance … WebCareem and Uber will operate their respective regional services and independent brands. With the closing of the deal, Uber has acquired Careem’s mobility, delivery, and … switchfoot the shadow proves the sunshine
UAE-based telecom-tech company e& to acquire Careem
WebApr 10, 2024 · DUBAI (Reuters) -Emirates Telecommunications Group Company has agreed to take a 50.3% stake in a super app managed by Careem, Uber Technologies' Middle East subsidiary, in a transaction valued... WebApr 10, 2024 · Emirates Telecommunications Group Company has agreed to take a 50.3% stake in a super app managed by Careem, Uber Technologies' Middle East subsidiary, in a transaction valued at $400 million, e ... WebApr 10, 2024 · Careem on Twitter: "We’re thrilled to have two extraordinary partners in e& and Uber, as we enter a new chapter in our mission to simplify and improve the lives of … switchfoot tour 2016