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At Close: Jun 04, 2026
Uber sells $400m stake in Careem super app business
02:03pm, Monday, 10'th Apr 2023
Careem, the Middle East-based ride-hailing company that Uber bought in 2019, is spinning out its super app business into a new startup backed with $400 million from Emirates Telecommunications Group C
e& Invests $400 Million in Uber's Careem Super App Spinout
12:10pm, Monday, 10'th Apr 2023
Technology and investment group e& has acquired a majority stake in the Careem super app. With the firm's investment of $400 million — the completion of which is subject to regulatory approvals
UAE's e& to acquire majority stake in Uber subsidiary Careem's Super App for $400M
08:55am, Monday, 10'th Apr 2023
Emirates Telecommunications Group Company (e&) is acquiring a 50.3% stake in a spinout business of Uber's Middle Eastern subsidiary Careem for $400 million. Careem's ride-hailing business will be sepa
Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&
02:11am, Monday, 10'th Apr 2023
Careem Technologies will focus on the growth of the company's "super app," which offers dozens of services beyond ride hailing in one app.
What Happened When Uber's CEO Started Driving for Uber
05:37am, Friday, 07'th Apr 2023
Dara Khosrowshahi and other executives realized drivers' complaints were valid. They revamped the app, helping Uber attract workers and extend its lead on Lyft.
Uber to offer Tembici's bike-sharing service in Latin America
05:02am, Wednesday, 05'th Apr 2023
Uber Technologies Inc on Wednesday announced a deal with Brazilian bike-sharing company Tembici to make electric and common bicycles available on its app in Latin America amid a push for greener initi
Uber found in breach of advertising rules over driver benefits claims
03:00am, Wednesday, 05'th Apr 2023
Uber has been found to be in breach of the UK Advertising Standards Agency's (ASA) code of conduct pertaining to comparisons with identifiable competitors for making an unverified claim that it was th
Love Fintech Stocks? This Dutch Payments Giant Should Be at the Top of Your Watch List
05:59am, Tuesday, 04'th Apr 2023
Adyen is one of the leading payments processors around the globe. The company has better payment authorization rates than competitors, leading it to win contracts from large clients.
BP to Offer Access to Charging to Help Uber Drivers Go Electric
12:55pm, Monday, 03'rd Apr 2023
Per the contract, BP will provide bespoke deals to drivers on the Uber platform, which are tailored to each market, including the United States, the U.K. and parts of Europe.
Uber Hits Another Milestone In Healthcare, Launching Same-Day Prescription Delivery
11:16pm, Friday, 31'st Mar 2023
Uber Health is launching yet another initiative to increase access to care.
How Uber left Lyft in the dust
12:22pm, Wednesday, 29'th Mar 2023
For years, Lyft positioned itself as the "nice guy" in the ride-hailing industry. It let rival Uber do most of the dirty work fighting regulators and the taxi industry to create a path for a new crop
Uber CEO's pay rose to $24 million last year
05:44pm, Tuesday, 28'th Mar 2023
Uber Technologies Inc. Chief Executive Dara Khosrowshahi's total compensation last year rose 22% to $24.3 million, the company disclosed Tuesday.
Uber Eats Aims for Control of Ghost Kitchens on Platform
03:01pm, Tuesday, 28'th Mar 2023
Aiming to gain greater control over the digital restaurant market, Uber is rethinking ghost kitchens. The company announced Tuesday (March 28) the launch of its Certified Virtual Restaurant Program, t
Uber Eats: Why Thousands of Restaurants Are Being Cut from App | Tech News Briefing | WSJ
02:36pm, Tuesday, 28'th Mar 2023
Uber Eats plans to take down thousands of listings for online-only brands. WSJ restaurants reporter Heather Haddon joins host Zoe Thomas to discuss how so many of these brands emerged and how Uber's d
Lyft CEO Wants to Compete With Uber on Fares
02:02pm, Tuesday, 28'th Mar 2023
The new Lyft CEO David Risher talks about competing on price with Uber, possible plans to expand to Europe, moving beyond ride sharing, and he says the company is not for sale. He's on "Bloomberg Tech
