Uber announced Tuesday that it is ceasing operations in Karachi, Islamabad, Faisalabad, Multan and Peshawar; will continue only in Lahore
Uber has asked people to use its Careem subsidiary, which it acquired in 2019. Uber had acquired then-Middle Eastern rival Careem for $3.1 billion in March 2019.
“We have made the decision to stop operating the Uber app in Karachi, Multan, Faisalabad, Peshawar and Islamabad,” the company said in a statement. “Uber remains committed to Pakistan – we will continue to serve these five cities under our Careem subsidiary brand and continue to operate the Uber app in Lahore.”
Uber, Cream’s big rival InDriver, a startup of Russian origin, is expected to gain popularity and cause Uber to suspend its operations.
Why Uber stops operations?