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Tero Vesalainen/Shutterstock Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported on Tuesday, citing three people familiar with the matter. The companies have discussed several potential deal structures and under one of them, Careem’s current leaders would manage the new combined business while retaining one or […]
Chinese ride-hailing giant Didi Chuxing (Didi) has made a strategic investment in Careem, a rival service that’s popular in parts of the Middle East, Africa, and Asia. The investment — for an undisclosed amount — represents part of a broader partnership that will see the duo “share knowledge in intelligent transportation technology, product development, and […]
