If you can’t beat them, buy them. uber careem
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Careem, a ridehailing company in acquisition talks with Uber, raised $200 million from Saudi backersCareem, a Dubai-headquartered rival to Uber, has raised the first $200 million of a $500 million funding round to expand its service. One of its main backers is Saudi Arabia's Kingdom Holding Company, and the deal comes at a sensitive time. Careem? Crypto_News___ Great
Source: BusinessInsider - 🏆 729. / 51 Read more »
Uber IPO proposals value company at $120 billion - WSJRide-hailing giant Uber Technologies Inc [UBER.UL] could be valued at $120 billi... Great, can’t wait to see my income from the stock market bloom *oh wait For a company that has never made a profit that’s pretty good. Still a horrible company though... as long as people continue to not acknowledge the lack of sustainability in a business model that increasingly 'succeeds' by squeezing every penny out of its exhausted workbase, the IPO will go great!
Source: Reuters - 🏆 2. / 97 Read more »