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Uber Buys $100 Million Stake in Careem From e&, Tightening Grip on Super App
Latest Nigerian News·2026-06-03 19:07:01·1 view
Uber Technologies Inc. has agreed to acquire a 12.5% stake in Careem Technologies from UAE telecoms group e& for $100 million in cash, deepening its ownership in the Middle East super app. The transaction will see e& reduce its shareholding to 37.53% from 50.03%, while Uber increases its position. The deal remains subject to regulatory []The post Uber Buys $100 Million Stake in Careem From e&, Tightening Grip on Super App appeared first on TechMoran.
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Uber Buys $100 Million Stake in Careem From e&, Tightening Grip on Super App
Uber Technologies Inc. has agreed to acquire a 12.5% stake in Careem Technologies from UAE telecoms group e& for $100 million in cash, deepening its ownership in the Middle East super app. The transaction will see e& reduce its shareholding to 37.53% from 50.03%, while Uber increases its position. The deal remains subject to regulatory []The post Uber Buys $100 Million Stake in Careem From e&, Tightening Grip on Super App appeared first on TechMoran.
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