Careem Shutdown Operations in Hyderabad
Troubled online ride hailing service Careem has shut down all operations in Hyderabad city according to a notification sent by the company to its users.
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Uber to Lay Off 3,700 Employees- 14% of its Workforce
Uber has announced to lay off 3,700 employees, which makes up about 14% of its workforce, as the company faces an uncertain future in the face of the novel COVID-19 pandemic.
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Careem Lays Off 31% of its Workforce
Careem that was acquired by Uber last year is laying off 536 of its employees which make up 31% of its workforce.
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Ride-Hailing Services Suspending their Operations amid COVID-19
Ride-hailing services are also suspending their operations due to coronavirus (COVID-19) outbreak as Pakistan has reported 287 cases so far.
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Careem Fires 150 Employees
Careem which now operates under Uber’s umbrella has fired 150 employees according to an email sent out by company CEO Mudassir Sheikha.
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Careem Fined Rs 50,000 by Consumer Court
A consumer court in Karachi has imposed a collective fine of Rs 50,000 to Careem for providing “faulty service” and causing “mental agony” to a customer.
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Sindh Government Imposed 5% Tax on Online Taxi Services
The government of Sindh has imposed a 5% tax on the online taxi services in the Sindh budget 2019-20. According to Sindh Revenue board (SBR) the new tax will be effective from 1st July 2019.
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Hyundai to Provide 5,000 cars to Careem
South Korean automaker Hyundai has announced to provide 5,000 vehicles to Middle Eastern ride-hailing firm Careem by December this year.
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Uber Buys Careem for $3.1 Billion
Uber has acquired its Middle East competitor Careem for $3.1 billion, making it the largest-ever technology purchase in the region.
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Uber, Careem Banned from Entry at Karachi Airport
The Civil Aviation Authority (CAA) has banned Careem and Uber, from operating within the premises of Jinnah International Airport in Karachi.
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