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Uber Technologies' Careem to Shut Down Services in Pakistan
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Uber Technologies' Careem to Shut Down Services in Pakistan
Jun 18, 2025 5:34 AM

08:09 AM EDT, 06/18/2025 (MT Newswires) -- Uber Technologies' ( UBER ) Careem subsidiary is shutting down its ride-hailing services in Pakistan on July 18, Careem CEO and co-founder Mudassir Sheikha said in a LinkedIn post on Wednesday.

"The challenging macroeconomic reality, intensifying competition, and global capital allocation made it hard to justify the investment levels required to deliver a safe and dependable service in the country," Sheikha said.

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