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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The American tech company is buying Getir’s delivery operation, a16z invests in a new proptech and Dubai’s real estate can now be traded.
قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
Welcome to The Gulf Report, a weekly newsletter that brings you the latest developments in tech and business from the Middle East.
Uber made another move in Turkey this week. The American tech giant is buying the delivery operation of Getir—food, grocery, water and retail. The seller is Mubadala, the Abu Dhabi sovereign wealth fund that has been looking to get out of Getir investments for some time now.
First, the numbers. Uber is paying $335 million upfront to completely acquire Getir’s food delivery business and is purchasing a 15% stake—for $100 million—in the grocery, retail and water portfolio. The …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor
