Exclusive: Uber’s Middle East rival Careem in talks on new funds – sources

Amazon sheds $52 billion in market value after report on Trump threat
March 28, 2018
Amazon sheds $53 billion in market value after report on Trump threat
March 28, 2018
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DUBAI (Reuters) – Careem, Uber’s main [UBER.UL] ride-hailing app rival in the Middle East, is in early talks to raise as much as $500 million in new funds from investors, sources told Reuters.