Tag Archives | Uber

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Uber buys Careem: What does that mean to us as consumers?

On Tuesday, Uber announced that it acquired Careem, the sole competitor in the Middle East, for $ 3.1 billion. $ 1.4 billion will be paid in cash and Careem shareholders will receive $ 1.7 billion in Uber shares. “Uber will have all its transport, delivery and payment operations across the Greater Middle East,” said Careem, […]

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Careem Reports that the Data of 14.5 Million Users Has Been Compromised

On Monday, Careem, the Dubai-based ride-hailing company operating in the MENA region, Turkey, and Pakistan, announced that it learned “online criminals” had obtained the personal information of over 14.5 million users and drivers, including their trip histories, on January 14, 2018. According to a spokesperson from Careem, the company’s records show that the system was […]

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