Uber ri­vals across re­gions team up

New Straits Times - - Business -

BEI­JING: Uber Tech­nolo­gies Inc is fac­ing an­other al­liance of ri­vals as smaller op­er­a­tors team up across dif­fer­ent re­gions for ride hail­ing ser­vices. Ca­reem Inc, a Dubai-based ser­vice that’s val­ued at US$1 bil­lion (RM4.43 bil­lion), will part­ner with China’s Yi­dao Yongche and share re­sources. They will use Lon­don-based startup Splyt Tech­nolo­gies Ltd to co­or­di­nate their fleets and pay­ments so that pas­sen­gers us­ing one app can travel abroad to use the driv­ers of oth­ers with­out down­load­ing new soft­ware.

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