In the negotiations, Grubhub had been seeking a ratio of 2.15 Uber shares for each one of Grubhub’s, a person familiar with the talks said....

Start-ups from around 70 countries have took advantage at the state-of-the-art Dubai Technology Entrepreneur Campus Dtec , a start-up hub i...

Careem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.

Lyft’s filing revealed some startling numbers for the startup. The company lost $991 million last year even as its revenues surged.

Careem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.

The $3.5 bn deal is now drawing Uber into a global reckoning over the business world's ties with Saudi.

A deal could value Careem at $2 billion to $2.5 billion, the people said, asking not to be identified because the talks are private.