YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Uber Technologies Inc. is buying Dubai-based rival Careem Networks FZ for $3.1 billion, people familiar with the matter told Bloomberg.
The purchase comprises $1.4 billion in cash and $1.7 billion in convertible notes, according to the sources.
The acquisition plans come ahead of Uber's initial public offering scheduled for April.
Read more from Bloomberg.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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