uber buys careem

اوبر نے کاریم کو خرید لیا

uber buys careem
Uber buys Careem

رانسپورٹ کمپنی اوبر حریف کمپنی کریم کو 3ارب10کروڑڈالر میں خریدنے پرتیار ہوگئی۔

آن لائن سفری سہولیات فراہم کرنے والی کمپنی اوبراپنے مشرق وسطیٰ کے حریف کریم کو3 ارب 10 کروڑ ڈالر میں خریدنے کے لیے تیارہے۔  امکان ہے کہ آج معاہدے کا اعلان کردیاجائے گا، اوبرایک ارب 40 کروڑ ڈالرز نقد ادا کرے گی جبکہ باقی ایک ارب 70 کروڑ ڈالر اوبر شیئرز کی صورت میں کریم کوادا کرے گا۔



Uber is set to buy its Middle Eastern rival Careem for $3.1 billion, financial news agency Bloomberg reported on Sunday. Two sources familiar with the deal confirmed the same to Reuters.

The deal, expected to be announced on Tuesday, will see Uber pay $1.4 billion in cash and the rest in notes convertible to Uber shares, Bloomberg reported, citing people with knowledge of the matter.

It comes as Uber prepares for its initial public offering — expected next month — which could, according to some estimates, see the rideshare giant’s value increase to $100 billion.

Careem declined to comment while Uber did not immediately respond to a request from Reuters to comment.

Dubai-based Careem boasts more than a million drivers and 30 million users across 90 cities.

Uber Technologies Inc, a US-based global logistics and transportation company, has been seeking new avenues of growth even as it faces severe competition in its core business of ride hailing from rivals like Lyft Inc.

The IPOs of Lyft and Uber represent a watershed for Silicon Valley’s technology unicorns, which for years have snubbed the stock market in favour of raising capital privately, with investors happy to back their frothy valuations.

Careem's message to captains
Careem’s message to captains

Above is the message sent by Careem to its Captains.

Uber message to all drivers
Uber message to all drivers

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