[ad_1] The company will have to drop exclusivity deals with partners and intermediaries. It’ll also cap its fare increases (beyond inflation) to 10 percent for its most common Uber X and Careem Go tiers. Surge pricing, meanwhile, can’t jump beyond 2.5 times the normal rate and can’t be applied to more than 30 percent of […]
Category: middle east
Facebook suspended Israeli PM’s campaign chatbot for hate speech
[ad_1] The message encouraged party supporters to vote against “a dangerous left-wing government” that would rely on Arab politicians “who want to destroy us all — women, children and men — and enable a nuclear Iran that would wipe us out.” Facebook subsequently implemented a 24-hour ban after a “careful review” found a violation of […]
Uber is expected to buy its Middle Eastern rival Careem
[ad_1] We’ve asked Uber for comment. The move might be a shrewd one. Uber is believed to be publicly filing for its IPO in April, and snapping up Careem would give investors an extra reason to back the company. On top of that, one of the company’s largest backers is a Saudi Arabian wealth fund […]