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.
2 July, 2025•13 min
0
2 July, 2025•13 min
0

More in Internet
Internet
The Prasuma playbook: build slow, build well, sell right
Co-founder Lisa Suwal talks about how she scaled a family deli-meat business without a single rupee of venture capital and her decision to sell to ITC.
You may also like
Business
Dubai’s red-hot property market may be cooling
The latest quarterly report on the emirate’s real estate market, a new listing in Saudi Arabia and an Airtel arm eyes a UAE IPO.
Business
Varkey Group’s GEMS bets on Saudi Arabia to revive global ambitions
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.
Business
Dubai Airshow turns into a heavyweight bout
Highlights from the emirate’s flagship aviation show, Saudi fund’s exits from American stocks and easier personal loans in the UAE.








