Christopher M. Schroeder (SHS '82): Amazon and Uber lead U.S. tech charge into Middle East investment

Uber's $3.1 billion acquisition of Dubai-based Careem is its largest to date, and the second tech acquisition over $500 million in the Middle East by a U.S. tech giant.

Why it matters:U.S. tech leaders are eyeing investments in the Middle Eastern startup community as a way to achieve rapid scale in a large, young and increasingly affluent market.

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