Amidst stiff competition from local players, global ride-hailing service Uber has ceased all operations in Pakistan after ending its services in some major cities in 2022, a spokesperson confirmed today.
"Our subsidiary brand, Careem, will continue operations offering ride-hailing services across Pakistan," the spokesperson said, reported Press Trust of India.
In 2019, Uber had acquired its rival Careem for USD 3.1 billion.
The two companies had said they would continue to operate their respective regional services and independent brands.
Uber had already ceased operations in Karachi, Multan, Faisalabad, Peshawar and Islamabad in 2022.
It was operating in these five cities through Careem and the Uber app in Lahore.
The spokesperson said the company would now focus on growing its Careem app in Pakistan and users on Uber will have to switch to Careem as operations have ceased in Pakistan from Tuesday onwards.
He also said Uber users who had balance in their accounts would be able to reclaim their amounts in due course and be offered free rides on Careem.
Ride-hailing and sharing apps have grown in Pakistan in recent years with other local players entering the market and offering more competitive rates.
This led to the erosion of the stronghold of Careem and Uber in Pakistan.
Currently, In-Ride, where users can negotiate for the fare with the driver, has established itself as the most popular service.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
"Tibetan Soldiers Fought Wars For India. It's Our Debt": Tibet PM-In-Exile
Uber's Premium Bus Service In Delhi-NCR Starts In August, Will Have AC, WiFi, CCTV Uber Passenger Asked Driver To Switch On AC. What Happened Next Was A Nightmare Woman In New York Ditches Uber And Travels By Helicopter Instead, Tweet Has 4 Million Views Barack Obama Wants Joe Biden To Pull Out Of US Presidential Race: Report World's Largest Isolated Tribe Makes Rare Appearance In New Footage 32 Dead In Bangladesh Unrest, Protesters Set Fire To State TV Headquarters Comedy Legend Bob Newhart Dead At 94: Publicist Israeli Strike Kills Field Commander In Elite Hezbollah Unit: Report Delhi-San Francisco Air India Flight Diverted To Russia After Engine Glitch Track Latest News Live on NDTV.com and get news updates from India and around the world.