Saudi venture fund STV says Uber deal with Careem to help Mideast ride hailing firm grow
Saudi Technology Ventures (STV) said on Tuesday Uber's deal with Careem will help the Middle East ride hailing firm expand its customer base even further and continue to develop the regional economy......»»
Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East
Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering......»»
Saudi women are driving men for Uber"s Mideast rival
Saudi women have started working for ride-hailing app Careem following the lifting of the driving ban......»»
Uber acquires Mideast competitor Careem for $3.1 billion
Ride-hailing service Uber says it has acquired its Mideast competitor Careem for $3.1 billion, making it the largest-ever technology purchase in the region. .....»»
Uber buys Mideast competitor Careem for $3.1 billion
The purchase gives ride-hailing service Uber the commanding edge in a region wit.....»»
Uber acquires Mideast competitor Careem for $3.1B
Ride-hailing service Uber says it has acquired its Mideast competitor Careem for $3.1 billion, making it the largest-ever technology purchase in the region......»»
Singapore watchdog sets interim terms for Uber-Grab deal
SINGAPORE (Reuters) - Singapore's competition watchdog on Friday outlined a number of interim measures as it continued investigation into ride-hailing firm Grab's deal to buy Uber Technologies' business in the city-state......»»
This ‘Uber of China’ Creator Is Building a Ride-Hailing App Based on Bitcoin Technology
As blockchain continues to grow. This latest venture melds two of tech’s favorite ideas: the sharing economy, and the basis of Bitcoin--the blockchain. T.....»»
Philippines Greenlights Grab-Uber Deal, With Strings Attached
Philippine competition authorities have cleared the way for Southeast Asian ride-hailing firm Grab to dominate the local market, approving its deal with Uber but imposing restrictions on services and threatening fines for breaches......»»
Top Uber Deal Maker Disciplined After Probe Into Office Conduct
Uber executive Cameron Poetzscher, who played a key role in negotiating SoftBank’s investment in the ride-hailing firm, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers......»»
How Uber"s Cultural Overhaul Was Tested by Complaints Against Top Deal Maker
Uber executive Cameron Poetzscher, who played a key role in negotiating SoftBank’s investment in the ride-hailing firm, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers......»»
SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab -source
SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»
SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab: source
SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»
Softbank"s Vision Fund could go public in a $300 billion SPAC deal, report says
Softbank's Vision Fund is the world's largest tech venture capital firm and could list on the Amsterdam stock exchange via SPAC this year. Reuters/Issei .....»»
Meet the Uber drivers who spent 5 years fighting the ride-hailing firm for basic workers" rights - and won
One of the ex-Uber drivers who won the case for workers to get minimum wage and.....»»
Wall Street loves the idea of Uber buying its competitor Grubhub, but analysts warn getting the deal done amid a pandemic won"t be easy (UBER, GRUB)
Reuters / Valentyn Ogirenko Uber is negotiating a potential deal to buy GrubHub, according to multiple news outlets. The company has relied heavily on Uber Eats as ride-hailing rev.....»»
Venture firm Benchmark raises new fund without early Uber investor: source
The Silicon Valley venture capital firm known for its early backing of companies such as Uber Technologies Inc is raising a new fund, but without one of its most prominent general partners, a source close to the firm said on Wednesday......»»
China"s Didi to launch Japan food delivery service from April
China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business......»»
Here’s a Slightly Safer Way to Bet on Lyft Stock  Â
InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you believe ride-hailing will continue to grow in popularity, but are worried about Lyft and Uber ev.....»»
I took a Careem, the ride-hailing app Uber snapped up for $3 billion to dominate the Middle East. It was clear why Uber wanted it.
Thomson Reuters Uber finalized its purchase of the Dubai-based ride-hailing app Careem for $3.1 billion .....»»
Uber Gets Egypt Approval For $3.1B Middle-East Rival Acquisition Deal
The Egyptian authorities have approved the San Fransisco-based ride-sharing company Uber Technologies Inc.'s (NYSE: UBER) bid to acquire middle-east rival Careem Inc. 0 read more.....»»