Pakistan’s failed startup promise, competition force Careem’s exit
The most popular startup of the Middle Eastern region just exited its decade-old operation in the country, citing competition and macro challenges. Both these reasons need to be unpacked and understood separately.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
FRND wants to connect lonely Indians across small towns. Will it work?
The audio chat app turned profitable by connecting people from tier-2 and tier-3 India with users who speak the same vernacular language. But its aim to turn it into a sustainable business seems too ambitious.
The rise and rise of Saudi Arabia in the Middle East aviation landscape
Sanjiv Kapoor, the aviation veteran who moved to the kingdom in 2023, speaks about the country’s ambition in aviation and how this could change the regional dynamics of a sector till now dominated by the UAE and Qatar.
Saudi rolls out an Arabic AI chat app with Islamic values
The launch of Humain Chat, breaches in public Wi-Fis and an ancient Christian cross discovery.