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Read the email Uber’s CEO sent employees about the company’s $3.1 billion acquisition of a major competitor
Uber CEO Dara Khosrowshahi said Careem's founders were "first-class entrepreneurs." Read his full letter here.
Careem's CEO told Business Insider last week that it was continuing to fundraise — but a strategic acquisition could make sense for Uber.
Uber is locked in a battle to fix Egypt’s $8 billion traffic problem, and its success could decide which tech giant will dominate the Middle Eas...
The Middle East is a hugely important market for Uber. It's fighting tech giant Careem along with a slew of Egyptian startups for dominance.
Uber’s biggest competitor in the Middle East says it has mapped 45,000 miles of road in its bid to compete on a global stage
Google Maps was never an option, CEO Mudassir Sheikha told Business Insider in an exclusive interview.
Careem, a ride-hailing company in acquisition talks with Uber, raised $200 million from Saudi backers
Careem, a Dubai-headquartered rival to Uber, has raised the first $200 million of a $500 million funding round to expand its service. One of its main backers is Saudi Arabia's Kingdom Holding Company, and the deal comes at a sensitive time.