Welcome to the world of facts and news: Uber Buys Rival Careem in $3.1 Billion Deal to Dominate Ride-Hailing in Middle East

Uber Buys Rival Careem in $3.1 Billion Deal to Dominate Ride-Hailing in Middle East

Uber said late Monday night it would pay $1.4 billion in cash and $1.7 billion in convertible notes in a deal that gives it full ownership of Careem.

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