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Uber sells $400 mn stake in UAE's Careem to boost super app business
Careem Rides will operate a foundational ride-hailing service and will continue to be fully owned by Uber
Uber offers $750-mn junk bonds to help finance acquisition of Careem
It's only the second bond sale in Uber's 10-year history
Dubai ride-hailing firm Careem buys India's Commut to enter mass transport
The acquisition comes as Uber Technologies Inc. is in talks to buy Careem in a deal that could value it at $2 billion or more, people familiar said last week
Billion-dollar ride-hailing Careem comes to Bengaluru to hire 100 engineers
This comes when Indian consumer internet companies are laying off employees, reports Tech in Asia
