What Does Uber's Purchase Of Careem Mean? Unlisted Video

Uber has agreed to purchase Careem, a Middle Eastern ride-hailing, delivery, and payments firm, for $3.1 billion, according to Bloomberg.
Business Insider Intelligence said the agreement marks Uber's first-ever acquisition of another ride-hailing company
What does it mean for the company and its prospects?
The agreement is a significant departure from Uber's longtime approach to international markets.