Uber could announce $3 billion deal with Careem early this week


Now, Uber is set to have sealed a three point one billion dollar deal to buy Kareem. We have more with Bloomberg's Denise pelligrini working. The deal involves Uber. Paying one point four billion dollars in cash and one point seven in convertible notes per Dubai-based Kareem, and we're also hearing the deal could be announced within the week Kareem is one of the most valuable tech startups in the Middle East. It has over a million drivers and operates in more than ninety cities in fifteen countries. The acquisition would come ahead of Lubers expected April and be a departure in strategy for over in the past. It's offloaded costly overseas operations in exchange for stakes in

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