Ride-hailing firm Careem's exit throws Pakistan's startup world into a tizzy

Ride-hailing firm Careem's exit throws Pakistan's startup world into a tizzy

FILE PHOTO: Careem CEO, Mudassir Sheikha shows the logo of the company's delivery service Careen NOW on his mobile at the company headquarters in Dubai, UAE December 13, 2018. REUTERS/Satish Kumar/File Photo

The company that introduced ride-hailing to Pakistan has announced it will cease operations in the country due to intense competition and market challenges.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter