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Mon 8 Apr 2019 10:10 AM

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Video: Does Careem deal show Uber may be overvalued at IPO?

Uber may be 'overvalued' at its upcoming initial public offering (IPO), given the majority stock portion of its $3.1 billion acquisition of Dubai ride-hailing app Careem, according to a partner at corporate advisory and investment firm AQ&P.

Arabian Business' Lubna Hamdan and Shruthi Nair discuss this ground breaking deal.

(Source: Arabianbusiness.com YouTube channel)