Web Desk — Commuters’ favorite Ride-hailing app Uber has announced that it would cease operating in Karachi, Multan, Faisalabad, Peshawar, and Islamabad.<\/p>\n\n\n\n
The company said in a statement posted on its website, “Uber remains committed to Pakistan \u2014 we will continue to serve these five cities with our subsidiary brand Careem and continue to operate the Uber app in Lahore.”<\/p>\n\n\n\n
The company however committed to continuing its services in Lahore with new product launches to “support earners during these difficult times”.<\/p>\n\n\n\n
Uber said it would communicate with its riders and partners in the five cities on how to use and smoothly transition to Careem.<\/p>\n\n\n\n
The statement added: “When we acquired Careem, it was always our belief that the two companies could come together to complement each other\u2019s strengths and better serve the region through tailored experiences.”<\/p>\n\n\n\n
“It was aware this was a “difficult time” for its teams, which had “worked incredibly hard to build this business over the past few years,” the company added.<\/p>\n\n\n\n
“We greatly appreciate everyone\u2019s contributions and our priority is to minimize the impact on our employees, drivers, riders, and Hero partners who use the Uber app during this change in Karachi, Islamabad, Faisalabad, Multan, and Peshawar,” the statement reads.<\/p>\n\n\n\n
Uber acquired rival Careem in 2020 for $3.1 billion. It was said at the time that Careem and Uber would continue to offer their respective regional services and continue operations as independent brands.<\/p>\n\n\n\n
With the finalization of the deal, Uber acquired Careem\u2019s mobility, delivery, and payments businesses across the greater Middle East region, with major markets including Egypt, Jordan, Saudi Arabia, and the United Arab Emirates.<\/p>\n","protected":false},"excerpt":{"rendered":"
Web Desk — Commuters’ favorite Ride-hailing app Uber has announced that it would cease operating in Karachi, Multan, Faisalabad, Peshawar, and Islamabad. The company said in a statement posted on its website, “Uber remains committed to Pakistan \u2014 we will continue to serve these five cities with our subsidiary brand Careem and continue to operate …<\/p>\n","protected":false},"author":1,"featured_media":3343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-3342","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"\n