SWFI First Read, March 27, 2019

Posted on 03/27/2019

Uber Acquires Careem San Francisco-based Uber Technologies acquired its Middle East rival Careem in an acquisition deal worth US$ 3.1 billion, with US$1.7 billion to be paid in convertible notes and $1.4 billion in cash. The acquisition is expected to close in the first quarter of 2020. Careem is backed by firms such as Kingdom […]

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