Is Uber buying Careem for $3.1b?

DUBAI: According to the rumors making rounds here today it seems that Uber is about to acquire Careem for $3.1b! Sources privy to NPTV have insinuated that the deal will be announced tomorrow (Tuesday 26th March). Initially Uber will pay $1.4 billion in cash and the rest in notes convertible to Uber shares. It comes … Continue reading Is Uber buying Careem for $3.1b?