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Uber Invests $100 Million For Additional 12.5% In Careem
Uber adds 12.5% in Careem, while e&’s stake declines from 50.03% to 37.53%.
Jun 01, 2026
Ownership at Careem is shifting. Uber has invested $100 million to acquire an additional 12.5% equity stake from e&, a UAE-headquartered telecom group. The sale reduces e&’s holding from 50.03% to 37.53%.
The change increases Uber’s position in Careem by 12.5% and leaves e& with 37.53% following the transaction.
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