Uber is paying $3.1BN to pick up Middle East rival Careem

Uber is paying $3.1BN to pick up Middle East rival Careem:

After merging with rivals/ closing their business in several International markets –  Russia (Yandex), China (Didi), and South East Asia (Grab) it has acquired Careem? Still to go is India and the fight with Ola…

See also here:

https://www.forbes.com/sites/bizcarson/2018/09/19/where-uber-is-winning-the-world-and-where-it-has-lost/#7d32f14e4d6e

http://autonomous-driving-news.tumblr.com/post/183720005094