MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Au Kam San sentenced to 12 years and six months in city’s first national security case

  • Survey finds demand for stronger housing, childcare and parental leave support

  • Nearly 85% of local concertgoers travel abroad for live shows, report finds

  • A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

  • Melco’s Q3 profit drops to almost zero as revenue falls 10%

  • Summit puts medical tourism and preventive healthcare at center of growth plans

BusinessWorld
Home›Business›The Buzz | Uber acquires Mideast competitor Careem for USD3.1 billion

The Buzz | Uber acquires Mideast competitor Careem for USD3.1 billion

By -
Wednesday, March 27, 2019
146
0

Ride-hailing service Uber announced on Tuesday it has acquired Mideast competitor Careem for USD3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large young, tech-savvy population.

Uber said the $3.1 billion purchase consists of $1.7 billion in convertible notes and $1.4 billion in cash. It marks the largest technology transaction in the Middle East — outside of Israel — and propels the Dubai-based firm to legendary status among the region’s budding tech startup scene.

Under the deal, Careem will keep its brand and app unchanged, at least for now. It will operate as a wholly owned subsidiary of Uber and be led by its original founders. The deal is expected to close in the first quarter of 2020 and is subject to regulatory approval in several countries.

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Previous Article

Dutch art sleuth recovers Picasso stolen 20 ...

Next Article

World briefs

Related articles More from author

  • World

    The Buzz | AB InBev to sell stake in China’s Snow beer

    Thursday, March 3, 2016
    By -
  • Business

    Boeing wins USD4.13b aircraft orders from Asian carriers

    Thursday, July 28, 2016
    By -
  • Business

    Dubrovnik has Game of Thrones fame but all it wants is the euro

    Thursday, June 27, 2019
    By -
  • World

    World briefs

    Wednesday, June 7, 2017
    By -
  • Business

    Alibaba approves additional $25 billion share buyback as revenue disappoints

    Thursday, February 8, 2024
    By -
  • World

    Iconic New Wave director Jean-Luc Godard dead at 91

    Wednesday, September 14, 2022
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • Macau

    Gaming sector to require over 7,000 more employees by 2020

  • Macau

    Policy Address | No plan yet for 85 square kilometers of new waters

  • Macau

    Phase two of Waterfront Green Corridor opens to public

DAILY EDITION

Friday, November 6, 2026 – edition no. 5069
Friday, November 6, 2026 – edition no. 5069

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

November 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Oct    

Timeline

  • Friday, November 6, 2026

    Au Kam San sentenced to 12 years and six months in city’s first national security case

  • Friday, November 6, 2026

    Survey finds demand for stronger housing, childcare and parental leave support

  • Friday, November 6, 2026

    Nearly 85% of local concertgoers travel abroad for live shows, report finds

  • Friday, November 6, 2026

    A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

  • Friday, November 6, 2026

    Melco’s Q3 profit drops to almost zero as revenue falls 10%

  • Friday, November 6, 2026

    Summit puts medical tourism and preventive healthcare at center of growth plans

  • Friday, November 6, 2026

    Gov’t recovers another four land parcels for temporary parking lot

  • Friday, November 6, 2026

    Gov’t moves to remove more than 100 road manhole covers

  • Friday, November 6, 2026

    MUST smart campus platform wins international communication award

  • Friday, November 6, 2026

    Facial recognition clearance reaches 19.7 million uses in first year

Extra Times

Extra TimesHeadlines

A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

To celebrate the 20th anniversary of the iconic Starworld Macau, a special commemorative dinner was hosted at its crown jewel, Feng Wei Ju. Holding two Michelin stars, this esteemed restaurant ...
  • In ‘I Play Rocky,’ a middleweight crowd-pleaser about the making of a classic

    By MDT/AP
    Friday, November 6, 2026
  • Daddy Yankee’s first concept album is a reggaeton love letter

    By MDT/AP
    Friday, November 6, 2026
  • MGM Macau hosts Bocuse d’Or Gala

    By -
    Friday, November 6, 2026
  • A Symphony of Heritage: Reviving the Imperial Feast at Chai Jia Chai

    By Irene Sam, MDT
    Friday, October 30, 2026
  • Recent

  • Popular

  • Au Kam San sentenced to 12 years and six months in city’s first national security ...

    By Times Reporter
    Friday, November 6, 2026
  • Survey finds demand for stronger housing, childcare and parental leave support

    By Yuki Lei, MDT
    Friday, November 6, 2026
  • Nearly 85% of local concertgoers travel abroad for live shows, report finds

    By Times Reporter
    Friday, November 6, 2026
  • A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

    By Irene Sam, MDT
    Friday, November 6, 2026
  • Melco’s Q3 profit drops to almost zero as revenue falls 10%

    By Renato Marques, MDT
    Friday, November 6, 2026
  • Summit puts medical tourism and preventive healthcare at center of growth plans

    By Nadia Shaw, MDT
    Friday, November 6, 2026
  • Gov’t recovers another four land parcels for temporary parking lot

    By Renato Marques, MDT
    Friday, November 6, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d