Having already filed for an initial public offering (IPO) a week ago, Uber Technologies Inc. has now taken yet another massive step by obtaining a…
The ride-hailing service Uber technologies are planning to sell around $10 billion worth of stock in its initial public offering (IPO), according to a report…
The surge pricing on the popular ride-hailing service is not as simple as some people might have thought. According to a new report from Forbes,…
Almost 300 employees of Careem will become millionaires, after Uber acquired the Middle Eastern ride-sharing company. 200 of these employees will become Dirham millionaires, whereas…
Careem has announced its $3.1 billion acquisition by Uber, the largest technology sector acquisition in the Middle East. Rumours of the said acquisition have been…
Uber’s CEO Dara Khosrowshahi had sent an email to the company’s whole staff around its acquisition of Careem – Middle East’s ride-hailing service. The CEO…
Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion…
Uber is expected to acquire Careem in a $3.1 billion deal and this acquisition is said to be made official early next week. If this…
The conversations surrounding the acquisition of Careem by Uber are close to reaching a conclusion as Bloomberg reports that the acquisition is expected to be…
Jinnah International Airport has prohibited the entry of Uber and Careem ride-hailing services into the airport’s premises. According to the airport’s revised policy, any car…
Uber Technologies Inc. — the San Francisco based tech company which is popular for its ride-hailing business, is in advanced talks to buy its Middle…
Sindh Government has been on the toes of ride-hailing companies ever since they entered Pakistan. Back in October, they gave Uber and Careem a week…
Uber has introduced a new feature through which it has enabled voice-calling its drivers using the internet directly from the application. The Voice over Internet…
