UAE-based super app Careem is set to return to closer control under Uber after Uber agreed to acquire a 12.5% stake from e& for $100 million. The transaction will reduce e&’s ownership in Careem Technologies to 37.53% from 50.03%, while strengthening Uber’s position …
Curated by CityCalc from Wamda. Read the full article at the source.
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