The news that Uber is in preliminary talks to combine forces with rival Careem shocked residents this morning.

The story has been covered extensively by international media with reports suggesting either a complete takeover by Uber, or a shared ownership, where Careem would manage the combined businesses in the region.

Currently, the ride-hailing apps are rivals in the region.

Careem responded…

Careem labelled the news as rumours

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“We do not comment on rumors. Our focus remains to build the leading internet platform for the region, from the region. That means expanding to new markets and doubling down on our existing markets by adding new products and services to the platform. We are only getting started – Maha Abouelenein, Company Spokeswoman”

Maha Abouelenein, Careem Company Spokeswoman

Uber is keeping equally quiet; the company did not comment when contacted by Lovin today

Neither company confirmed or denied the story.

So right now we’re a little confused, but no smoke without fire, right?