Tag: Uber
Uber’s Europe business at risk after London revokes license
(Bloomberg) --Uber Technologies Inc.’s biggest market in Europe is at risk after regulators revoked the ride-hailing service’s license to operate in London for the...
Travis Kalanick sells 20% of his stake in Uber after lockup
(Bloomberg) --Travis Kalanick sold about 20% of his stake in Uber Technologies Inc. last week.
Kalanick, 43, a director at the ride-hailing company, sold 20.3...
Uber’s ex-CEO Kalanick scores $400 Million from Saudi Arabia for food startup
(Bloomberg) --Travis Kalanick’s secretive new food startup took $400 million of funding from Saudi Arabia’s Public Investment Fund, the Wall Street Journal reported, citing...
Saudi Arabia Venture Investor Considers Second $500 Million Fund
(Bloomberg) --STV, the venture capital investor that backed a Dubai ride-hailing firm before its sale to Uber Technologies Inc., is considering raising a second...
Dubai stops Careem Go, Uber X ride options
You will no longer be able to go for your ride app’s cheapest options in Dubai with Uber and its UAE partner Careem deciding...
Grannies in Running Shoes Are Delivering Ramen for Uber in Japan
(Bloomberg) -- Uber Technologies Inc.’s strategy for Japan, where ride-sharing is banned, is as unique as the country itself — think grandma in running shoes...
Careem Offers Bus Hailing to Pilgrims
(Bloomberg) -- Careem Networks FZ, the Middle Eastern ride-hailing company recently snatched up by Uber Technologies Inc., is expanding in Saudi Arabia with a...
Uber Buys Mideast Rival Careem for $3.1 Billion
(Bloomberg) -- Uber Technologies Chief Executive Officer Dara Khosrowshahi has cut the largest deal of his tenure, buying Middle Eastern ride-hailing competitor Careem Networks...
Uber Is Said to Seal $3.1 Billion Deal to Buy Careem This Week
Uber Technologies Inc. is set to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem Networks FZ as early as this...
Uber Is Said to Hold Advanced Talks to Buy Middle East’s Careem
Uber Technologies Inc. is in advanced discussions to buy its Dubai-based rival Careem Networks FZ, a deal that would expand the ride-hailing giant’s operations...
