The ride-hailing giant has already started its global expansion through partnerships with and investments in Uber's other competitors around the world. Careem is Uber's biggest rival in the Middle ...

"Our subsidiary brand, Careem, will continue operations offering ride-hailing services across Pakistan," the spokesperson said. In 2019, Uber had acquired its rival Careem for USD 3.1 billion.

This is evident from the shares of the company, which have... Uber Technologies (NYSE:UBER) has moved a step closer to buying Dubai-based firm, Careem, following the conditional approval of ...