- Ubers Middle East Unit Careem To Suspend Decade-Old Service . . .
The decision follows Uber's exit from Pakistan in 2022 Pakistan's startup ecosystem has come under pressure since 2022 as venture funding dried up, inflation surged to a record 38% before falling
- Ride-hailer Careem to suspend decade-old Pakistan service
Careem, Uber's ride-hailing arm in the Middle East, will suspend its Pakistan service on July 18, citing economic challenges, rising competition, and capital constraints, ending its core business in a country where it helped pioneer app-based transport nearly a decade ago The move underscores strain on Pakistan's digital economy, as tech firms scale back amid high inflation, weak consumer
- Techmeme: Careem, Ubers ride-hailing MENA arm, will suspend . . .
Careem, Uber's ride-hailing MENA arm, will suspend its decade-old Pakistan service on July 18, citing economic challenges, competition, and capital constraints — Careem, Uber's ride-hailing arm in the Middle East, will suspend its Pakistan service on July 18, citing economic challenges …
- Careem To Exit Pakistan: A Blow To The Ride-Hailing Market
Careem, Uber's ride-hailing service, is stopping operations in Pakistan on July 18, 2025, due to economic hurdles and fierce competition What does this mean? This move highlights the tough conditions in Pakistan's digital economy, which is dealing with high inflation, low consumer demand, and limited global investment Careem has significantly
- Uber quits Pakistani market - The Express Tribune
After nearly eight years of trying its luck in Pakistan, the ride-hailing app Uber, has quit Pakistan’s online transportation market, creating further space for its subsidiary, Careem, according to a company statement issued on Tuesday
- Uber quits Pakistan amid high local competition, shifts . . .
Uber has pulled out its ride services from Pakistan after facing cutthroat competition from local players in the market However, Uber continues to provide services from its subsidiary app,
- Careem Bids Adieu to Pakistan Amid Economic Challenges
Careem, the Middle Eastern ride-hailing service owned by Uber, will halt its operations in Pakistan due to economic hurdles, rising competition, and capital constraints This decision highlights the stress on Pakistan's digital economy as tech companies retrench amid soaring inflation and dwindling venture capital investments
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