In Letter to Employees, Uber CEO Explains Why Newly-Acquired Careem Will Be Run Independently

Uber confirmed early Tuesday morning that it’s acquiring Middle Eastern ridesharing competitor Careem in a $3.1 billion deal. The acquisition of the Dubai-based firm will give Uber a stronger foothold in the Middle East/Northern Africa region, which has a total population of about 400 million. It will also help the company move one step closer […]