Egypt competition watchdog approves Uber acquisition of Careem with conditions

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The Egyptian Competition Authority (ECA) said on Sunday it had approved ride-hai...

FILE PHOTO: An UBER bus ushers Egypt fans to a soccer stadium before the start of a game against Ghana. REUTERS/Amr Abdallah Dalsh

CAIRO - The Egyptian Competition Authority said on Sunday it had approved ride-hailing group Uber’s acquisition of former regional rival Careem after the regulator agreed to a set of commitments proposed by the U.S.-based service. Uber bought Careem for $3.1 billion in March in a deal expected to close in January. Careem will become a wholly owned subsidiary of Uber but will continue to operate as an independent brand with independent management.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

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Egypt has State regulated three watchdogs monitoring and (R)egulatig media,free speech, social interactions very difficult to find out ongoing scenario,there Bus accidents happen,no news Asian tourist killed;no news A cruise ship from Malta docked at Alexandria this is news

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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