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As Uber spends $10bn to own robotaxis, Dubai’s Zed shows why taxi fleets matter again
Japan’s GO grew from a Tokyo cab company’s taximeter business into a $1.3bn listing. In Dubai, Al Ghurair is testing the same idea with Zed, a homegrown app backed by more than 4,200 of its own taxis.
Uber's $100m Careem move sets a clear path toward 2031
e& has sold a 12.5% stake to Uber and retains 37.53%, with put and call options exercisable between December 2031 and January 2032 giving both partners a mutually agreed horizon. Monday's deal opens the next phase of a long partnership.