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Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&

DUBAI, United Arab Emirates — Uber-owned ride hailing service Careem announced on Monday a spinout with major backing from a new source, as well as from its parent company. Abu Dhabi-based tech holding company e&, formerly Etisalat, signed a binding agreement with Uber Technologies to acquire a 50.03% majority stake in the spinout — which […]



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Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&

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