January 2, 2020, SAN FRANCISCO AND DUBAI – Uber (NYSE: UBER) today confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem co-founder and CEO Mudassir Sheikha will continue to lead the Careem business, which will report to a board made up of three representatives from Uber and two representatives from Careem. Careem and Uber will operate their respective regional services and independent brands.
Uber
As part of its continued commitment to safety, Uber launches Check Your Ride reminder across the region
As part of its continued commitment to safety, Uber has made significant steps to improve safety in recent years by making it a top priority and putting it at the heart of everything the company does.
Uber Continues with its Drive to Empower Women Cricketers
Uber, the global ride-hailing giant connecting riders to drivers, has continued its drive to empower women athletes, especially cricketers in Pakistan.
Uber offers exciting cricket opportunity for fans
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Uber to acquire Careem to expand the greater Middle East regional opportunity together
Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of Careem is subject to applicable regulatory approvals.
Uber Jahaan- First Ever Expo receives a five-star response
Uber, the global smartphone app that seamlessly connects riders to partner drivers, hosted its first Expo- Uber Jahaan for partners drivers and their families at Expo Center.
Forgetfulness at its peak in Pakistan on 1st June 2018
We’ve all done it. Forgotten something important or of value in a cab, a plane, or indeed an Uber. We’re also no stranger to the sinking feeling we go through in that moment of realization.
The Uber app gets lighter for Pakistani riders
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Uber launches Caller Anonymization as part of a new Safety Toolkit for riders and drivers
- Uber to double down on safety and roll out Safety Toolkit for riders and drivers across 38 countries from Europe to Pakistan.
- Features to include Safety Center, Trusted Contacts, Share Trip, emergency assistance button and caller anonymization.
