Uber May Sign $3.1 Billion Deal to Buy Middle Eastern Rival Careem as Soon as Monday

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  • March 25, 2019

In a move that goes against its recent trend of pulling out of foreign markets, ride-sharing giant Uber is preparing to purchase Dubai-based competitor Careem in a $3.1 billion deal, according to reports in Bloomberg and the Financial Times this weekend.

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Source : Uber May Sign $3.1 Billion Deal to Buy Middle Eastern Rival Careem as Soon as Monday