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After a tumultuous 2019 ending with former CEO and co-founder Travis Kalanick cutting ties with the company, Uber welcomed the New Year with a bang confirming the official close of the previously announced acquisition of Careem for USD 3.1 billion.
Is it worth it for Uber to acquire Careem for USD 3.1 billion? Read More »
After a decade since the conception of Uber, Travis Kalanick has severed his last ties with the company he co-founded by announcing his resignation from the board at the end of 2019.
Uber co-founder Travis Kalanick no longer associated with company Read More »
Expedia is setting its sights on Southeast Asia’s booming travel industry following the acquisition of a stake in Traveloka, the Indonesian OTA. The US-based online travel giant has made a “primary minority investment” in Traveloka worth US$350 million. Private equity companies including Sequoia Capital have also contributed funding to Traveloka, bringing the total investment achieved
Expedia targets Southeast Asia with latest investment Read More »