TA Labs News ta labs Uber Gobbles Up Middle East Competitor in $3.1 Billion Deal, Spreading Global Dominance

Uber Gobbles Up Middle East Competitor in $3.1 Billion Deal, Spreading Global Dominance

TA Labs 8:18 AM News ta labs

Finalizing a long-rumored deal, Uber announced on Tuesday that it would acquire its Dubai-based competitor Careem in a deal worth $3.1 billion. The acquisition arrives ahead of Uber’s initial public offering expected as soon as next month.

from Gizmodo https://ift.tt/2uvoVBm

EmoticonEmoticon

Subscribe to: Post Comments (Atom)