Uber Sells 50% Stake in Careem’s Super App to e&

Brandon C on October 31, 2023

Cooley advised Uber, a tech company providing mobility as a service, on its agreement to sell a 50.03% stake in a newly created super app business unit of its Middle East subsidiary Careem to e& (formerly known as Emirates Telecommunications Group Company) for $400 million.

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Uber Sells 50% Stake in Careem’s Super App to e&

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