Uber, KIA sign EV partnership
Uber, the U.S. ride-hailing platform, signed a partnership with South Korea’s KIA to produce electric vehicles…
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Uber Technologies
Uber to launch UK flight ticket bookings
Uber Technologies Inc has launched international and domestic flight bookings on its app in the UK, according to…
UAE’s e& to acquire $400mln majority stake in Careem Super App
UAE’s e& has announced the signing of a binding agreement to acquire 50.3 percent stake in a super app managed…
Careem to end operations in Qatar
Uber’s Middle Eastern business, Careem, will stop operations in Qatar starting from Tuesday, the company said in a…
Uber lays off hundreds in Egypt on coronavirus hit, staff tells Reuters
Uber Technologies Inc has on Wednesday laid off hundreds of office-based staff in Egypt as the firm made wider cuts…
Uber acquires competitor Careem in $3.1 billion deal dominating ride-hailing in Middle…
Global ride-hailing firm Uber Technologies Inc is set to spend $3.1 billion to acquire Middle East rival Careem,…
Dubai’s Careem to test bus service in Egypt
Careem Networks, the Middle Eastern ride-hailing provider, is testing a bus-booking service ahead of a possible…
Careem reportedly plans to spend $150 mln to launch food delivery business
Middle East ride-hailing app Careem is planning to spend up to $150 million to launch its food delivery business as…
Toyota to invest $1bn in Southeast Asian ride-hailing firm Grab
Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in…
Study finds Uber’s growth slows after year of scandal; Lyft benefits
Uber Technologies Inc’s growth has slowed as a series of scandals has allowed the ride-hailing company’s chief U.S.…
