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Careem App Screenshot With A White Car In Background

Uber acquires Careem for $3.1 billion

Uber has announced it has reached a deal to acquire Middle East-based ride-hailing company Careem for $3.1 billion. Careem, founded in 2012 in Dubai, claims more than 30 million registered users, providing ride-hailing service in 120 cities across North Africa,…

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Tesla Model Y

Tesla launches Model Y

Tesla has launched its latest vehicle, Model Y due to start shipping in 2020. The vehicle will travel around 480km on a single charge and will start at $47,000 with an all-wheel-drive dual motor version at $51,000 and the performance…

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A Woman Is Riding Jump Bikesharing Bicycle

Uber to focus on bikes over cars

  Uber plans to shift its focus from cars to electric scooters and bike business, says CEO Dara Khosrowshahi. He predicts that people will make more frequent short journeys, as opposed to long trips, in the future, especially in inner…

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