Wednesday, 19 January 2022

Careem, Uber Talks to Merge in Middle East

DUBAI: Careem & Uber are in Talks to merge their ride healing services in the Middle East. It means both the competitors will soon merge together to provide

According to Bloomberg, Careem current leaders will manage the new combined business while keeping one or both of the company’s local brands. According to report, maybe Uber will acquire the ride-hailing app as a complete agreement.

While discussing it with Careem, Uber said that it wants to own more than half of the combined company, if it does not acquire Careem as a whole company. Right now Uber has not responded to all these rumours.

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