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Uber-owned ride-hailing startup Careem launches spinout with $400M investment from UAE tech holding company e&

Uber-owned ride-hailing startup Careem announced a spinout with a $400 million investment from UAE tech holding company e&, formerly Etisalat. In a statement on Monday, e& said it has signed a binding agreement with Uber Technologies to acquire a 50.03%

Uber-owned ride-hailing startup Careem announced a spinout with a $400 million investment from UAE tech holding company e&, formerly Etisalat. In a statement on Monday, e& said it has signed a binding agreement with Uber Technologies to acquire a 50.03% […]

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