https://www.cnet.com/news/uber-to-acquire-middle-east-competitor-careem-for-3-1b/

"This is an important moment for Uber as we continue to expand the strength of our platform around the world," said Dara Khosrowshahi, CEO of Uber, in a blog post. "Working closely with Careem's founders, I'm confident we will deliver exceptional outcomes for riders, drivers and cities, in the fast-moving part of the world."

This comes after Khosrowshahi in September said Uber wants to be "the Amazon of transportation." The ride-hailing giant operates in over 600 cities worldwide and is also on track to go public this year.