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Read CEO Dara Khosrowshahi's email to Uber staff on the Careem acquisition'Today we are taking the next step in this journey — well, it's more like a leap, and a big one: in a few minutes, we'll announce that we've agreed to acquire Careem,' Uber CEO Dara Khosrowshahi told his staff on Tuesday. Now Pakistan 🇵🇰 is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Source: CNBC - 🏆 12. / 72 Read more »
Uber CEO Says Market Turmoil Won’t Derail IPO PlansUber was internally on track to list this year, Dara Khosrowshahi said, having previously said he expected to seek a debut in the second half of 2019 in what would be one of the biggest public offerings planned for the year. TSA by day. Uber and Dog Walkers at night. TSA and Border Patrol were being arrested long before the shutdown with hundreds of them failing at their job before they were scrambling to pay their bills. What happens now? In this context, the use of the word 'lure' is so significant. This is a man trying to get rich by creating something that will pay millions of people next to nothing. Jeff Bezos on wheels. So these guys are there praying and chanting for a recession ?
Source: WSJ - 🏆 98. / 63 Read more »
Uber has dangled $100 million at Dara Khosrowshahi if he can convince investors, or a buyer, that the company is worth $120 billionUber disclosed its ambition to be worth at least $120 billion as a public company in the footnotes of its S-1 documents. techinsider Now there’s motive to “do whatever it takes”. ethics 🙄⛈
Source: BusinessInsider - 🏆 729. / 51 Read more »
Read the email Uber's CEO sent employees about the company's $3.1 billion acquisition of a major competitorUber CEO Dara Khosrowshahi said Careem's founders are 'first-class entrepreneurs.' Read his full letter here.
Source: BusinessInsider - 🏆 729. / 51 Read more »