It is with a heavy heart that I share this update: Careem will suspend its ride-hailing service in Pakistan on July 18 , Fahad Sheikha Announced at Linkedin.
He Wrote That , This was an incredibly difficult decision. The challenging macroeconomic reality, intensifying competition, and global capital allocation made it hard to justify the investment levels required to deliver a safe and dependable service in the country. In the end, the Careem Rides team had to make this tough call.
It’s the end of an iconic chapter - one built with purpose, grit and a ton of relentless hustle.
Anchor: Hira Naveed
#Careem #RideHailing #CareemClosure #RideService #Lahore
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