DUBAI, United Arab Emirates (AP) — Ride-hailing service Uber announced two weeks ago that it had acquired Mideast competitor Careem for US$3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large, young, tech-savvy population. It comes as Uber’s losses widened last year ahead of plans for an initial public ...
The post Uber acquires Mideast competitor Careem For US$3.1 billion appeared first on St. Lucia News Online.
- St. Lucia News Online
- 24, April 02:35 pm