2024-06-10
Rest of World
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How Uber-owned Careem went from Pakistan's ride-hailing leader to a distant third player after deprioritizing the country due to its unstable economy
Zuha Siddiqui / Rest of World : X: @restofworld , @restofworld , @restofworld , @mvzelenks , and @russellbrandom . LinkedIn: Sophie Schmidt X: @restofworld : Careem was once the main ride-hailing app...
2024-06-09
Rest of World
How Uber-owned Careem went from Pakistan's ride-hailing leader to a distant third player after deprioritizing the country due to its unstable economy
After falling from dominance, Careem is experimenting — from corporate rides to price bidding — to maintain its presence in Pakistan. X: @restofworld , @restofworld , @russellbrandom , @restofworld , ...
2023-09-06
Rest of World
Pakistan's tech workers leave the country as funding dries up, companies fold, and more; government data: 830K+ Pakistanis got jobs abroad in 2022, up 189% YoY
Inflation and dried-up VC funding have caused the country's tech ecosystem to plummet, prompting young people to search for greener pastures abroad. X: @sheryhydri , @kalsoom82 , and @kmzuberi . Forum...
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