Business News Uber set to acquire Careem for $3.1 billion The acquisition comes ahead of Uber’s long-awaited IPO next month, expected to value it at $120 billion. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) Related Live: Indian star’s wife among 10 up for $1m teacher award Video: Flying for first time, Kenyan teacher wins $1m prize