Uber is in negotiations to sell a stake in its Careem unit in Middle East

The ride sharing company Uber is in negotiations with his unit in Middle East, Careem, with the aim of attracting potential investors in that unit, according to Reuters, citing anonymous sources.

The agency added that Uber will retain an ownership stake in Careem, but the percentage that Uber could sell in Careem is unclear. Uber acquired Careem more than two years ago for approximately $ 3.1 billion.

Uber Technologies Inc. is ready to relaunch Their base prices in London are 10% in an effort to attract more From the drivers to the podium.

In recent months, customers have been complaining about social media of longer waiting times and higher prices during peak hours after demand increased as more workers chose to avoid public transport during the coronavirus pandemic.

Uber is estimated to need an additional 20,000 drivers to bring service levels back to normal.

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