Careem Pakistan Shut Down | Ride-Hailing Ends Next Month
- Careem, the ride-hailing service, will suspend its operations in Pakistan next month after almost 10 years.
- Sheikha cited a challenging economic climate,increased competition,and global capital allocation as factors in the decision.He called the suspension "an incredibly difficult decision" in a social role.
- Despite ending ride services, Careem plans to expand its technology development in Pakistan.
Careem is ending its ride-hailing services in Pakistan next month, marking a significant change after nearly a decade. Citing economic challenges and increased competition, the company will pivot its focus. Instead, Careem Technologies, a spinout developing the “Everything App,” will drive technology growth in Pakistan, creating a new role for itself. The move impacts almost 400 employees building this innovative app. While ride-hailing ceases from July 18, 2025, customer support remains. This news, reported via News Directory 3, highlights Careem’s strategic shift, with continued investment in the region through tech expansion and workforce growth. discover what’s next for Careem in pakistan.
Careem Ends Ride-Hailing Services in Pakistan, Takes on New Role
Careem, the ride-hailing service, will suspend its operations in Pakistan next month after almost 10 years. mudassir Sheikha, Careem’s CEO, announced Wednesday that the company’s journey in Pakistan would continue, but in a different role.
Sheikha cited a challenging economic climate,increased competition,and global capital allocation as factors in the decision.He called the suspension “an incredibly difficult decision” in a social role.
Despite ending ride services, Careem plans to expand its technology development in Pakistan. careem Technologies, a spinout focused on building an “Everything App,” will continue to operate in the country. The company currently employs nearly 400 people in Pakistan across various functions, including engineering.
Sheikha emphasized Pakistan’s importance to Careem. “Pakistan is in Careem’s DNA,” he said, noting that the company’s first line of code was written there. He added that careem plans to expand its Falcon/NextGen program,which trains Pakistani university graduates on scalable systems.
Careem Care will remain available untill Sept. 18 to assist users with questions or pending issues. users with remaining balances in their Careem Wallet will receive instructions on how to reclaim their funds.
Uber, which owns Careem, ceased its ride-hailing app operations in pakistan in April 2024. At the time, Uber said Careem would continue to offer ride-hailing services across Pakistan.
What’s next
Careem’s shift in role signals a strategic pivot towards technology development within Pakistan, even as its ride-hailing service concludes. The company plans to increase its workforce and expand its “Everything App,” indicating a long-term commitment to the region.