Uber to acquire Careen?!
Expecting such movement from Uber, but don’t know Careem much. Is Uber seriously endangered to make such move? Good or bad? https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1LX1VD I am just a guy who is really curious about the future of the ride sharing market.
Uber in talks to buy Dubai riding-hailing rival Careem: Bloomberg
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Vertivco lnstagram Sep 17, 2018
It's ride-hailing, not ride sharing.
Facebook public Sep 17, 2018
Uber is 6b+ in debt to the middle east no? This makes sense.
Seems, investments in ride sharing is cooling down and time to settle down the split in market with remaining 💰
You buy competition when you are in good position, not when endangered.
That’s sounds right. But they must have felt the threat that they cannot nudge out the competition.