Uber rivals from Dubai, China team up for ride-hailing alliance
Monday, March 20, 2017, 10:14 AM
Uber Technologies is facing another alliance of rivals as smaller operators team up across different regions for ride-hailing services. Uber’s rival—Careem, a Dubai-based service valued at about $1 billion—will partner with China’s Yidao Yongche and share resources. Uber has been able to build leadership in ride-hailing with a single app that customers can use to get a ride around the world.